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Podcasts Take Two
Bloomberg reporter discusses Verizon’s deal to acquire AOL
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May 12, 2015
Listen • 6:41
Bloomberg reporter discusses Verizon’s deal to acquire AOL
The deal gives the Verizon, also an Internet and TV provider, an entry into online and mobile video market.
A sign is posted in front of a Verizon Wireless store on January 24, 2012 in San Francisco, California. New York based Verizon reported a fourth quarter net loss of $2.02 billion compared to a profit of $2.64 billion one year ago.
A sign is posted in front of a Verizon Wireless store on January 24, 2012 in San Francisco, California. New York based Verizon reported a fourth quarter net loss of $2.02 billion compared to a profit of $2.64 billion one year ago.
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Justin Sullivan/Getty Images
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The deal gives the Verizon, also an Internet and TV provider, an entry into online and mobile video market.

News today that the country's largest cell phone operator, Verizon, is buying AOL for $4.4 billion. The deal gives the Verizon, also an Internet and TV provider, an entry into online and mobile video market.

Bloomberg reporter Scott Moritz joined Take Two for more on the purchase.