Just days after AOL’s first quarter earnings were made public, Verizon Communications announced that it will buy AOL for $4.4 billion. The deal is expected to close this summer. In a statement, ...

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 ...

Perhaps it was inevitable that Verizon (VZ) would buy AOL (AOL), and not just because the giant telco company is looking to push into content, mobile and video, and AOL—a frequently mentioned takeover ...

Verizon Communications Inc is expected to cut about 2,000 jobs when it completes its US$4.48 billion acquisition of Yahoo Inc’s core assets next week, a person briefed on the matter said. The cuts are ...