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AOL Sets $400M Dutch Auction; Will Pay $27-$30 A Share

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Linked by The Tech Trade ( track newsfeed | ignore newsfeed ) - June 28, 09:23AM from (www.forbes.com)

AOL this morning announced that it has begun a modified Dutch auction tender to buy back up to $400 million of its common stock. Under the offer, AOL holders can tender some or all of their shares in the $27 to $30 per share price range. The offer is part of a plan to return ...

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