verizon it is buying aol for 44bn
Last Updated : GMT 09:07:40
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Last Updated : GMT 09:07:40
Egypt Today, egypt today

Verizon: It is buying AOL for $4.4bn

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Egypt Today, egypt today Verizon: It is buying AOL for $4.4bn

AOL
New York - Arab Today

Verizon said Tuesday it is buying AOL for about $4.4 billion in a deal that will give the US telecoms giant increased digital content and advertising platform space.

"Taking another significant step in building digital and video platforms to drive future growth, Verizon Communications Inc. today announced the signing of an agreement to purchase AOL Inc. for $50 per share -- an estimated total value of approximately $4.4 billion," Verizon said in a statement.

 

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verizon it is buying aol for 44bn verizon it is buying aol for 44bn



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