Tuesday, May 12, 2015

Verizon to buy AOL for $4 billion

Verizon, the huge American telecommunications firm, is set to buy Washington-based AOL, the digital media conglomerate in a deal valued at more than $4 billion U.S.

It's the end of a long story for AOL which was once America's fastest growing digital and online media company.

Our Washington correspondent Priscilla Huff reports:

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