The following corporate finance-related stories were reported by media:* Verizon Communications Inc approached AOL Inc about a potential acquisition or joint venture to expand its mobile-video offerings, Bloomberg reported, citing people with knowledge of the matter.
AOL Inc. (AOL) is a global Web services company with a range of brands and offerings, and a global audience. Shares of AOL fell by 1.65% or $-0.75/share to $44.74. In the past year, the shares have traded as low as $32.31 and as high as $53.28. On average, 957613 shares of AOL exchange hands on a given day and today's volume is recorded at 548435.
Verizon Communications Inc. (Verizon) is a holding company. Shares of VZ fell by 0.83% or $-0.39/share to $46.57. In the past year, the shares have traded as low as $45.09 and as high as $53.66. On average, 16120700 shares of VZ exchange hands on a given day and today's volume is recorded at 18964458.
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