Verizon to Buy AOL for $4.4B

Considering how irrelevant AOL itself has been to the mainstream internet for some time now that price tag seems awfully high. They do own a bunch of popular bligs/websites though. So maybe that's it.

Re: Verizon to Buy AOL for $4.4B

#5

Post by aioprisan » Tue, May 12, 2015, 11:26 AM UTC

The internal memo: http://techcrunch.com/2015/05/12/verizon-aol-4-4b/

Re: Verizon to Buy AOL for $4.4B

#6

Post by randomname2 » Tue, May 12, 2015, 11:26 AM UTC

As a reminder, AOL bought Time Warner for $180 billion 15 years ago.

Re: Verizon to Buy AOL for $4.4B

#7

Post by WDCDev » Tue, May 12, 2015, 11:26 AM UTC

To give you some perspective.

When Time Warner and AOL merged back in 1999, AOL was valued at $166 Billion.

Re: Verizon to Buy AOL for $4.4B

#8

Post by yla92 » Tue, May 12, 2015, 11:26 AM UTC

Official announcement : http://www.verizon.com/about/news/verizon-acquire-aol

Re: Verizon to Buy AOL for $4.4B

#9

Post by randomname2 » Tue, May 12, 2015, 11:30 AM UTC

baldfat wrote: post #3

Huffington Post, TechCrunch and Engadget how do these fit? Does this mean these might go away?????? Can one be so lucky?

Now that the FCC is involved with internet regulation, why do away with them? Verizon can use them to put out talking points and keep competitors out by getting favorable regulation passed.

Re: Verizon to Buy AOL for $4.4B

#10

Post by dec0dedab0de » Tue, May 12, 2015, 11:31 AM UTC

Would that make AOL the first company to provide Fiber and Cable?