You’ve Got (a) Deal! Verizon Buys AOL for $4.4 Billion
In our never-ending quest for all things ‘Net-nostalgic — and because the ‘Net isn’t that old, a lot of them refer to AOL — here is the latest: Verizon has agreed to purchase AOL lock, stock, and 5-bazillion-CD-cache, for $4.4 billion.
Sounds like a ton of money, but maybe not so much when you consider AOL was at one time valued at well over $200 billion. Then again, for a company almost no one under the age of 25 actually knew still existed, maybe that’s not such chump change after all.
In any case, here’s a terrifc “chat history” of AOL’s up/down/up again timeline from Mashable.com: