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KingDMC

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KingDMC

Re: None

Monday, 01/05/2015 10:30:04 PM

Monday, January 05, 2015 10:30:04 PM

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Verizon Has Approached AOL About Possible Acquisition or Joint Venture -Bloomberg

Source: Dow Jones News
Verizon Communications Inc. (VZ) has approached AOL Inc. (AOL) about a possible acquisition or joint venture, Bloomberg News reported Monday, citing people with knowledge of the matter.

AOL shares were up nearly 12% to $50 in late trading.

Verizon hasn't made a formal proposal and no agreement is imminent, the people told Bloomberg.
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