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| VIEW EVENT INFORMATION: AOL |
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Confirmed: AOL Buys Video Syndication Company 5min (For $65 Million) |
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About the organization AOL:
Type: Business
Sub-Types: Website, Search Engine, Internet Service Provider, Online News, Computer, Computer Software, Application Software, Telecommunication Software |
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Notable Organizations: AOL, Techcrunch
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| AOL is buying video syndication network 5min Media, reports AllThingsD. According to Israeli news outlet YNews, this is indeed a done deal, and the price is between $50 and $65 million.
It isn’t exactly what you’d call a stellar exit for 5min’s investors, who pumped just south of $13 million into the company, but not a terrible one either. |
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