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May 12, 2015 11:09 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/laQgwS8ik5Q/
In Big Content Push, Verizon Buys AOL For $4.4B [Internal Memo From AOL CEO Tim Armstrong]
So this just happened. AOL, owner of TechCrunch, is getting acquired: U.S. carrier Verizon said in a statement that it is buying the company for $4.4 billion, or $50 per share. We’ve just been sent an internal memo about the deal that we are embedding below.AOL will become a subsidiary of Verizon as part of the deal, overseeing a bigger push into content and mobile video by… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/laQgwS8ik5Q/
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