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AOL Boss Stands to Get $180 Million

2015-05-15 06:01:23| IT Services - Topix.net

AOL Inc. Chief Executive Tim Armstrong stands to net nearly $180 million from the sale of his company to phone giant Verizon Communications Inc., though he won't be eligible for a good chunk of that money until a year after the deal closes. Mr. Armstrong has an effective 6.7% ownership of the company, making him the largest individual shareholder.

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