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Community Corner

AOL Sells Majority of Stake In Patch

Gaspar de Portolà, Neighbor

On "undisclosed financial terms" (meaning they took a bath) AOL sold a majority of their stake in Patch (Pacifica Patch's parent) to technology holding company and "turnaround specialist" Hale Global.

http://online.wsj.com/news/articles/SB10001424052702304149404579322912487687196

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