Bad Behavior: The latest on accusations of bad behavior in the Marshall County Jail

Multi-billion-Dollar Deal: Verizon to purchase AOL for $4.4 billion

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

(Image: MGN Online)

NEW YORK (CNNMoney) — Verizon is buying AOL for $4.4 billion, or about $50 a share, the companies announced Tuesday.

The acquisition is part of Verizon’s new focus on digital and video platforms, as well as its connected device network, which it calls “Internet of Things,” the telecommunications company said.

AOL, a pioneering Internet brand, now has several media businesses, including The Huffington Post, TechCrunch, Engadget, MAKERS and

TM & © 2015 Cable News Network, Inc., a Time Warner Company. All rights reserved.