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Verizon Is Said to Approach AOL for Possible Takeover, Venture

2015-01-06 15:50:51| IT Services - Topix.net

Verizon Communications Inc. has approached AOL Inc. about a potential acquisition or joint venture with the Internet company to expand its mobile-video offerings, people with knowledge of the matter said. Verizon hasn't made a formal proposal to AOL, and no agreement is imminent, said the people, who asked not to be named because the discussions are private.

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