Verizon’s AOL Acquisition

verizonaol-100584760-large

So, yesterday Verizon announced that they are acquiring digital giant AOL for $4.4 Billion. At $50 per share, Verizon paid a nice chunk above the current going value of AOL, which was $42.59 per share as of Monday’s stock market close. The key word for Verizon being DIGITAL. It seems that the bottom line reason … Read more