Verizon buys AOL for $4.4 billion in cash
Tuesday, May 12, 2015 - 10:00
in Mathematics & Economics
Amy R. ConnollyNEW YORK, May 12 (UPI) -- Telecom giant Verizon said it will buy AOL for $4.4 billion. Verizon's stock went down slightly after the announcement, while AOL's went up about 17 percent.