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AOL may sell off some of its 800 patents for cash

Ars: AOL, a company that’s been struggling with shrinking sales over the last several years, may be looking for new sources of income. According to Bloomberg “three people with knowledge of the matter” said the company is hiring investment firm Evercore to find buyers or licensees for some of its more than 800 patents. The three sources also said Evercore would “explore other strategic options” for the company, without going into more detail.

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