Around the Net

Verizon to Acquire AOL For $4.4 Billion

  • CNBC.com, Tuesday, May 12, 2015 8:16 AM

Telecom giant Verizon announced Tuesday it will be buying AOL for $50 per share, or about $4.4 billion. 

AOL's stock was up more than 18 percent after the announcement. Verizon's stock was down about 1 percent.

Read the whole story at CNBC.com »

Next story loading loading..