AOL

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AOL stands for "America OnLine", a leading commercial provider of email accounts and access to the internet. It merged with New York City based conglomerate Time Warner in 2001[1], and in the past few years, its business model has increasing shifted to an advertising-supported one, serving ads both on their own sites and to third-party sites via their Platform-A distribution system.

In 2009, Time Warner bought out Google's minority stake, and then AOL was spun off into a separate, publicly-traded company, initially owned by Time Warner's shareholders.[2] In 2011, it acquired[3] the liberal[4] Huffington Post. In 2015 Verizon announced that it would acquire AOL for $50 per share, or approximately $4.4 billion.[5]

Notes

  1. http://money.cnn.com/2009/05/28/technology/timewarner_aol/
  2. http://abcnews.go.com/Business/story?id=7696469
  3. http://corp.aol.com/about-aol/overview
  4. http://www.britannica.com/EBchecked/topic/1192975/The-Huffington-Post
  5. http://ir.aol.com/mobile.view?c=147895&v=203&d=1&id=2047040

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