AOL Close To Buying TechCrunch: REPORT

REPORT: AOL Close To Buying TechCrunch

AOL, the New York-based online media company, is on the verge of acquiring TechCrunch, the online blogging network started by former attorney, Michael Arrington. The deal is at a sensitive stage and might fall apart yet, but I don't think so. Sources familiar with both entities says that the announcement is likely to come onstage at Disrupt, TechCrunch's flagship conference currently underway in San Francisco.

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