The Carphone Warehouse Group has EU approval to acquire AOL UK, according to AFP. The commission decided the $726 million (370 million pounds) deal would impede effective European competition. The deal still is exected to close by December 31.
It’s all part oif AOL’s switch from being a major ISP in Europe to a pure-play content and services provider.
Related: AOL UK Sold For About $687 Million To Carphone Warehouse
— <a href="http://www.paidcontent.org/entry/aols-future-on-europe-the-details/" title="AOL
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