tech:

taffy

AOL Announces $400M Stock Repurchase Offer

[Techtaffy Newsdesk]

AOL has started a $400 million stock repurchase, in a modified ‘Dutch auction’ tender offer, as part of a program to return funds to shareholders from a $1.1 billion patent sale. AOL had inked a $1.056 billion cash deal with Microsoft in April.

This brings the total amount AOL intends to return to shareholders in 2012 to approximately $1.1 billion.

You may also be interested in:

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.