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Stock Market & Financial Investment News

News Breaks
January 23, 2014
07:31 EDTAOLAOL to acquire Gravity for approximately $83M
AOL announced it has entered into an agreement to acquire Gravity, the company that created the Interest Graph. AOL has agreed to acquire Gravity for a closing purchase price of approximately $83M. An additional $7.7M of consideration will be deferred and paid over two years following closing. As part of the transaction, AOL will acquire approximately $12M of net operating losses, which is expected to result in a future cash tax benefit to AOL of approximately $5M. AOL expects the acquisition to close in 1Q14.
News For AOL From The Last 14 Days
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July 29, 2015
06:30 EDTAOLAOL: There are more TV ads now than ever, WSJ reports
AOL (AOL), currently owned by Verizon (VZ), said that there are more advertisements on television than ever, making it increasingly difficult for marketers to break through in an already cluttered arena, the Wall Street Journal reports. AOL said that the reported rate of TV ad impression growth is misleading, though TV networks are managing to push in more ads into half hour and hour long shows, the report says. Reference Link

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