Verizon Completes $4.4 Billion AOL Acquisition

June 23, 2015 1:36 PM

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Tim Armstrong will continue to lead AOL operations, reporting to Marni Walden, Verizon executive vp.

"As a result, AOL shares will no longer be traded on the New York Stock Exchange, and AOL is now a wholly owned subsidiary of Verizon," the company said.

Also read: Will ‘Fortnite’ Ambush Profits at Rival Videogames?

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