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All Posts Tagged Tag: ‘hyperlocal’

AOL Gets Rid Of Patch, But Keeps Minority Stake

AOL will continue to have a relationship with its hyperlocal news service Patch, but is relinquishing operation and majority control, as it has announced a new joint venture with Hale Global. AOL says it will contribute Patch to a new limited liability company, of which Hale will own the majority, and will operate. AOL will retain a minority interest. Financial …

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