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January 16, 2014 02:14 am GMT
Not final closure after all for AOL's struggling hyperlocal effort Patch, but a segue into a new life where AOL is no longer the sole owner. Today the company is spinning it off into a joint venture with technology holding company Hale Global, with AOL retaining a minority stake.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/agCPyFayqwk/
AOL Calls Patch Spin Out A Pivot
Not final closure after all for AOL's struggling hyperlocal effort Patch, but a segue into a new life where AOL is no longer the sole owner. Today the company is spinning it off into a joint venture with technology holding company Hale Global, with AOL retaining a minority stake.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/agCPyFayqwk/
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