FARK.com: (7186539) AOL says it will use the money made from its patent sales to buy stock in a useless company

		AOL says it will use the money made from its patent sales to buy stock in a useless company (deadline.com)		7
		More: Followup, AOL, share repurchase, CEO Tim Armstrong, Allen & Co., plain

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1757 clicks; posted to Business » on 28 Jun 2012 at 1:31 PM | Favorite | share:

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DarkJohnson		2012-06-28 10:33:44 AM

You watch, AOL will do a complete overhaul to become the next Facebook, once Facebook makes the final tweaks to become the next MySpace.

The circle of life.

FishyFred		2012-06-28 11:44:17 AM

They sold patents and plan to give the money to investors...

Doesn't that sound like they're gutting the company?

Honest Bender		2012-06-28 01:41:16 PM

Why? If you're a failing company and you find yourself with an excess of $400M, INVEST IT IN YOUR COMPANY! Get some new project(s) going, advertise, do something constructive...

I guess that's $400M investors wont lose when the company dies...

drjekel_mrhyde		2012-06-28 02:06:04 PM

Only thing half way good about AOL is Engadget
/Trolls make it half way bad

ZMugg		2012-06-28 02:40:14 PM

FishyFred: They sold patents and plan to give the money to investors...

Doesn't that sound like they're gutting the company?

1.bp.blogspot.com

Approves.

chicken licken		2012-06-28 03:43:07 PM

They're buying stock in fark.com?

proteus_b		2012-06-29 05:05:06 AM

wouldn't they be better off buying stock in MCD or AAPL or XOM or something?

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