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AOL: Here are 5 reasons selling to Verizon makes sense

Jay YarowMay 12, 2015, 17:22 IST

Verizon is planning to buy AOL for $4.4 billion.

AOL CEO Tim Armstrong had long been rumored to be trying to sell his company. In January, there was a report that Verizon was interested in buying AOL.

The deal is a bit confounding since AOL is an advertising technology company with a few strong media properties like Huffington Post and TechCrunch. Verizon is a wireless carrier, with a small business in fiber TV.

So why did Verizon want AOL? Here, per AOL, are 5 reasons this deal makes sense. The last point is the most important: