The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1330 GMT on Monday:** AOL Inc said it would sell over 800 of its patents and related applications to Microsoft Corp, and would grant Microsoft a non-exclusive license to the patents it retains, for slightly over $1 billion in cash.
AOL Inc. (AOL) is a global Web services company with a range of brands and offerings and a global audience. Shares of AOL traded higher by 35.83% or $6.6/share to $25.02. In the past year, the shares have traded as low as $10.06 and as high as $22.47. On average, 1342360 shares of AOL exchange hands on a given day and today's volume is recorded at 1176487.
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