Verizon-AOL Merger: What's Twitter Saying?
Early Tuesday morning, it was announced that Verizon Communications Inc. (NYSE: VZ) would acquire AOL, Inc. (NYSE: AOL) for $50/share or $4.4 billion in cash.
See Also: You've Got Buyout: Verizon To Purchase AOL For $4.4 Billion
After the initial buzz, Benzinga took to Twitter to find the most inspiring and/or LOL-worthy tweets from pundits and personalities that we could find.
Here are their stories:
Paul La Monica:
$AOL did well after spin-off from CNN owner $TWX. $50 is about 130% above 1st day close in 2009. Let's not talk about $AOL-$TWX deal though.
— Paul R. La Monica (@LaMonicaBuzz) May 12, 2015
Downtown Josh Brown:
$AOL's Tim Armstrong executes his business plan pic.twitter.com/xXGTirfFzn
— Downtown Josh Brown (@ReformedBroker) May 12, 2015
Sheila Dharmarajan:
How many months after $AOL/Time Warner did bubble burst? Yes, magnitude of numbers different....but can't help draw parallels. #justsaying
— Sheila Dharmarajan (@SheilaD_TV) May 12, 2015
Brian Sozzi:
Verizon got a steal: When Time Warner and AOL merged in 2000, AOL was valued at $166 billion. $VZ $AOL
— Brian Sozzi (@BrianSozzi) May 12, 2015
Joe McCann did a double-whammy:
$AOL purchased for 1/12th Uber's valuation.
— Joe McCann (@joemccann) May 12, 2015
Followed by:
$AAPL could have purchased $AOL with a mere 2% of its cash on hand.
— Joe McCann (@joemccann) May 12, 2015
Steven Spencer:
something tells me $VZ not gonna have much more luck w/ $AOL than $TWX had. but at least they didn't pay $100bln
— steven spencer (@sspencer_smb) May 12, 2015
Joe Kunkle pipes in:
I wish we had a Periscope of the $VZ person that pitched $AOL ..."So, there's this awesome Co. we should buy....ready for it.... AOL...."
— Joe Kunkle (@OptionsHawk) May 12, 2015
And then Howard Lindzon:
$AOL congrats Tim Armstrong on this one. Always has been nice to me.
— howardlindzon (@howardlindzon) May 12, 2015
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