In Big Media Push, Verizon Buys AOL For $4.4B [Memo From AOL CEO Tim Armstrong]

 So this just happened. AOL, owner of TechCrunch, is getting acquired: U.S. carrier Verizon said in a statement that it is buying the company for $4.4 billion, or $50 per share. We’ve just been sent an internal memo about the deal that we are embedding below. AOL will become a subsidiary of Verizon as part of the deal, overseeing a bigger push into content and mobile video by… Read More