3 investors bag $200M overnight from AOL buy

May 12, 2015 6:13 PM

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3 investors bag $200M overnight from AOL buy

You’ve got profit! That’s the takeaway for three lucky AOL (AOL) investors.

Ownership of AOL is relatively concentrated – meaning much of the gains from the $4.4 billion buyout fall into relatively few hands. Just three investors, mutual fund Dodge & Cox, private investor Iridian Asset Management and asset management firm BlackRock own roughly a third of AOL’s 78.3 million ...

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