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, but I don’t think so. Sources familiar to both entities say that the announcement is likely to happen onstage at Disrupt, TechCrunch’s flagship conference currently under way in San Francisco.
AOL CEO Tim Armstrong is likely to make an appearance at the conference, and perhaps that is when the announcement is likely to be made.
(Source : soupsoup)





