AOL Announces $5.15/Share Special Cash Dividend Will be Treated as Return of Capital for Tax Purposes

AOL AOL announced today that its previously announced one-time, special cash dividend of $5.15 per share will be treated as a return of capital for tax purposes. The one-time, special cash dividend is payable on December 14, 2012 to shareholders of record at the close of business on December 5, 2012. AOL announced its intent to pay the one-time, special cash dividend on August 27, 2012 as part of the process that will return approximately $1.1 billion to AOL shareholders in 2012. Shareholders are encouraged to consult their tax advisor to determine the specific effect this distribution may have on their individual tax position. The information above relates solely to the distribution of See full press release