en.wikipedia.org/wiki/AOL
5 corrections found
NYSE: AOL
AOL is not currently traded on the NYSE. Its shares were delisted when Verizon completed its acquisition in June 2015.
Full reasoning
This infobox entry is presented as a current corporate fact, but AOL stopped trading publicly more than a decade ago. In Verizon's SEC tender-offer filing announcing completion of the merger, the filing states that all AOL shares would be delisted from the New York Stock Exchange and would cease trading after Verizon completed the acquisition on June 23, 2015. So listing AOL as currently "NYSE: AOL" is incorrect.
1 source
- SEC Schedule TO-T/A for Verizon's acquisition of AOL
All Shares will be delisted from and will cease to trade on the New York Stock Exchange, and the Company will be deregistered under the Exchange Act. On June 23, 2015 ... completion of the Merger.
5,600
The current AOL business did not have 5,600 employees. Bending Spoons' 2026 prospectus says AOL had about 214 direct employees as of December 31, 2025.
Full reasoning
The article's infobox gives "5,600" as AOL's employee count without any historical date, implying it is a current figure. But Bending Spoons' 2026 prospectus, which includes audited carve-out financial statements for the acquired AOL business, states that as of December 31, 2025, the AOL business had approximately 214 direct employees. That is nowhere near 5,600, so the employee count shown here is inaccurate as a current AOL figure.
1 source
- Bending Spoons S.p.A. Final Prospectus (2026)
As of December 31, 2025, the Business had approximately 214 direct employees.
the sale was completed at the end of August.
The Apollo deal closed on September 1, 2021, not at the end of August.
Full reasoning
This sentence gets the closing date wrong. Verizon's SEC filing for the following year states that Verizon completed the sale of Verizon Media on September 1, 2021. So describing the transaction as having been completed "at the end of August" is inaccurate.
1 source
- Verizon 10-Q for quarter ended June 30, 2022
On September 1, 2021, we completed the sale of Verizon Media.
In October 2025, Bending Spoons acquired AOL in a deal valued at roughly $1.5 billion.
Bending Spoons did not complete the AOL acquisition in October 2025. Its own prospectus says the deal was agreed in October 2025 and completed on January 2, 2026.
Full reasoning
This sentence confuses the signing of the deal with the completion of the acquisition. Bending Spoons' 2026 prospectus states that it entered into a definitive agreement to acquire AOL Holdco I LLC on October 29, 2025, and that the acquisition was completed on January 2, 2026. So saying Bending Spoons "acquired AOL" in October 2025 is incorrect; October 2025 was the agreement date, not the closing date.
1 source
- Bending Spoons S.p.A. Final Prospectus (2026)
On October 29, 2025, we entered into a definitive agreement to acquire AOL Holdco I LLC, and the acquisition was completed on January 2, 2026.
and was merged with Yahoo! the following year after the latter was also acquired by Verizon.
AOL was not merged with Yahoo in 2016. Verizon says Oath, combining AOL and Yahoo, launched when Yahoo's acquisition closed on June 13, 2017.
Full reasoning
The timing here is wrong. AOL was bought by Verizon in 2015, but Yahoo's operating business was not acquired and combined with AOL the next year. Verizon's own announcement says its Oath subsidiary, which houses AOL and Yahoo, launched at the close of Yahoo's acquisition on June 13, 2017. So the merger with Yahoo did not happen in the "following year" (2016); it happened in 2017.
2 sources
- Verizon reports wireless customer gains and strong loyalty in 2Q
Verizon’s Oath subsidiary, launched at the June 13 close of the company’s acquisition of Yahoo’s operating business, houses AOL and Yahoo brands...
- Verizon 2017 Annual Report
In June 2017, we completed the Transaction.