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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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September 8, 2014
08:07 EDTAOLAOL introduces Road Devil Interstitial for Mobile
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September 3, 2014
07:31 EDTAOLDun & Bradstreet names Curtis Brown as CIO
Dun & Bradstreet (DNB) announced the appointment of Curtis Brown to the role of Chief Information Officer, reporting to COO Josh Peirez, effective immediately. Brown, who most recently served as Global Chief Technology Officer at AOL (AOL), assumes global responsibility for Dun & Bradstreet's expanding portfolio of technology, proprietary data and related intellectual property.
06:06 EDTAOLAOL's Susan Lyne stepping down as brand CEO, Re/code reports
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September 2, 2014
08:58 EDTAOLVringo preparing to seek further review of Court split decision
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