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
Consider how far AOL has fallen, and how much the media world has changed: in 2000 AOL acquired Time Warner for $182 billion, creating a post-merger company then valued at over $350 billion.