Verizon has agreed to buy AOL for $4.4 billion - $50 per share. The transaction, reportedly, will be completed this summer.
Around 2.1 million people in the United States still use the AOL dial-up to connect to the Internet. The number was unveiled in AOL's quarterly earnings report last week.
As Yahoo! Inc., continues to struggle with its finances, investors are urging CEO Marissa Mayer to acquire the entertainment company AOL Inc., to boost growth and revenue in the company.
09 Aug '24 16:35PM
