Tuesday, May 12, 2015

Verizon Buys AOL for $4.4 Billion–Happy for AOL

verizonI found this very interesting this morning. From CNN Money; “Verizon buys AOL for $4.4 Billion”. OK, this is food for thought. AOL

I actually found this to be of interest and believe that it is a good connection. I really do not believe that there should be a great deal of conflict. This is not the Comcast – Time Warner deal that could hammer a specific market, this is an expansion of Verizon into a whole new area – in some ways.

Generally the Technorati disliked AOL from the beginning because it allowed the average person to have access to the World Wide Web – their personal domain. Now everyone is going; “AOL is still around?” Yes and not too shabby. They own, among other things, The Huffington Post.

I think this should be viewed as Verizon branching out, or going in a different direction.

The big hoopla may come from stockholders on the Verizon side. Generally Wall St opposes change unless it instantly increases stock value by at least 12%. Someone will want Verizon to pass along the $4.4 billion to shareholders and not think about the future.