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| VIEW EVENT INFORMATION: AOL |
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$1.1B Microsoft Patent Deal Done, AOL Buys Back $600M In Stock, Offers Dividend Of $5.15 Per Share |
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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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| Here’s a timely story on how other companies not called Apple are also profiting from tech patents. Today AOL announced a share repurchase of $600 million in AOL stock, along with a one-time cash dividend of $5.15 per share, as the final steps in returning all of the proceeds from its $1.1 billion sale of patents to Microsoft.
The news was announced to the market, as well as to AOL… |
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