Verizon buys AOL – FAZ – Frankfurter Allgemeine Zeitung

      

 
 
 
 
 
     
 
 
 
 
 
 
 
 
         

 
 
 
 
 
          The logo of AOL at the office in New York.
     

 
                                              

 
 
     
     
     
         
         
                                                             

The American mobile giant Verizon swallows the online veteran AOL. The companies have agreed, according to an announcement Tuesday at a purchase price of 50 dollars per share in cash – AOL is evaluated as a whole by about 4.4 billion dollars (3.9 billion euros). The offer represents a premium of 23 percent on the average share price over the past three months.

                         
         
         
                                                             
                                 

AOL had its heyday as an Internet provider alone more than 30 million subscribers. In 2000, AOL merged in the media conglomerate Time Warner. The unfortunate connection was lost again in 2009. AOL is now involved in the Internet portal Huffington Post and operates a number of blogs.

                         
         
         
                                                                                                                                                                                                  

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Verizon with the purchase of his ambitions in the mobile video and advertising business for which AOL offers a platform , The acquisition is expected to close in the summer. The AOL shares shot premarket by more than 17 percent higher. The papers of Verizon listed last, however slightly down.

                                 

 
  

 
 
 
                       

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For $ 4.4 billion

Verizon AOL

billion takeover in the mobile industry: The American mobile giant Verizon assumes the online veteran AOL – for 4.4 billion dollars.

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