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April 9, 2012 08:55 pm GMT
It looks like investors are ecstatic about the news AOL has sold 800 patents to Microsoft for $1.056 billion.AOL made the announcement this morning, and as of 12:45pm Eastern, AOL stock is trading at $26.76 per share. That's a 45 percent increase from Friday's closing price, and the highest that AOL stock has been since November 2010.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JBPDnhpYxPQ/
Patent Sale Pushes AOL Stock Up 45 Percent
It looks like investors are ecstatic about the news AOL has sold 800 patents to Microsoft for $1.056 billion.AOL made the announcement this morning, and as of 12:45pm Eastern, AOL stock is trading at $26.76 per share. That's a 45 percent increase from Friday's closing price, and the highest that AOL stock has been since November 2010.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JBPDnhpYxPQ/
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