1. Tuesday morning, Verizon Communications Inc. (NYSE: VZ) announced the signing of an agreement to purchase AOL Inc. (NYSE: AOL) for $50 per share, or an estimated total value of approximately $4.4 billion. Verizon’s acquisition further drives its LTE wireless video and OTT (over-the-top video) strategy. The agreement will also support and connect to Verizon’s IoT (Internet of Things) platforms, creating a growth platform from wireless to IoT for consumers and businesses.
2. Major hedge funds issued 13F filings all day Friday. To see the latest trades being made by names like EInhorn, Tepper,
