Verizon Acquires AOL For $4.4 Billion in Cash

Verizon has bought and paid for AOL, a monstrous 4.4 billion dollars paid in cash. AOL owned a few other media companies, including the Huffington Post, Tech Crunch, and Engadget, which will be included in the transfer. This isn’t the first time Verizon has dabbled with media companies either; just last year Verizon upstarted Sugar […]