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Verizon to buy AOL for $4.4bn

US telecoms firm Verizon is to buy internet pioneer AOL for $4.4bn.

Verizon to buy AOL for $4.4bn

Tue, 12 May, 2015 - 14:56

US telecoms firm Verizon is to buy internet pioneer AOL for $4.4bn.

The mega-deal will give the group a foothold in the online video sector targeting an advertising market estimated to be worth nearly €600m.

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