AOL Plans For Stock BuyBack Option With Patent Portfolio Sales

Posted on Jun 25 2012 - 6:00am by Editorial Staff

Its payback time: America Online (AOL) last week closed its $1.056 billion deal of selling its 800 patents to Microsoft, the company’s stockholders now expecting a bug dividend payout after the deal. The company in order to make this happens had finalized to opt for stock buyback as the best option to get the gains from the deal, AllThingsD reports. There is one big confusion that still sustains that whether the company stock buyback would be in the form of a special dividend or something else, although the company promises to provide more details by the end of this month.

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.