AOL Inc. (NYSE: AOL) will sell over 800 patents to Microsoft Corp. (Nasdaq: MSFT) and grant licenses for all remaining patents for approximately $1.06 billion in cash. Shares of AOL leaped $8.75 to $27.17 while Microsoft stock slipped 22 cents to $31.31.
AOL Sells Patents To Microsoft
April 09, 2012 at 13:25 PM EDT
