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Verizon snaps up AOL for a cool $4.4 billion

Mobile giant Verizon has announced that it will acquire the former media kingpin AOL in an all-cash deal worth $4.4 billion. Although AOL is virtually an afterthought these days, Verizon has said that it will use the deal to help<span class="ellipsis">…</span><div class="read-more">Read more › (http://www.cultofmac.com/322317/verizon-snaps-up-aol-for-a-cool-4-4-billion/)</div><img width='1' height='1' src='(http://cultofmac.com.feedsportal.com/c/33797/f/606249/s/463cce56/sc/21/mf.gif)' border='0'/><br clear='all'/>

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Source: Verizon snaps up AOL for a cool $4.4 billion (http://feedproxy.google.com/~r/cultofmac/bFow/~3/Ih2IOX-lR2g/story01.htm)