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Verizon Closes Acquisition of AOL

Jun 23, 2015, 7:52 AM by Eric M. Zeman

Verizon Communications today finalized its acquisition of AOL. AOL now exists as a wholly owned subsidiary of Verizon. AOL is the parent to many media properties, including Engadget and Huffington Post. Verizon intends to use AOL's media brands to expand its own media businesses. AOL CEO Tim Armstrong will remain in charge of the AOL subsidiary and will report to Marni Walden, Verizon's EVP of Product Innovation. Verizon Communications is the parent company of Verizon Wireless.

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Zpike

Jun 23, 2015, 12:56 PM

YAY

YAY! Because there's obviously no conflict of interests when an ISP giant buys up a large media company. Sprint and T-mobile can't merge, but what's wrong wrong with AT&T and Verizon swallowing up every company on the planet? Obviously absolutely nothing.

The Victor

FiOS being a ISP giant is a bit of a stretch.
Yes they have high speeds but theyre very limited as far as availablitly.

Sprint and T-mobile combining was a completely differenet thing, that was combining the number 3&4 wirelss companies, which shr...
(continues)

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haggard2.0

Them now owning AOL since they now will control the media in which they produce. I would assume anything good about net neutrality will cease to exist on any of their news platforms lol.

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