AOL, a York-based online media company that you’ve all probably heard of several years ago and don’t even hear of now, is on the verge of buying Michael Arrington’s TechCrunch. A deal like this with so much media attention might cause it to fall apart, but at the moment I don’t deem it very possible. AOL and Arrington are obviously not responding to comment, and the deal has yet to be made official. There’s heavy speculation though that it might be at the SF TechCrunch Disrupt going on now and that AOL’s CEO Tim Armstrong might make an appearance.
However it may go, congrats to Arrington and his team.
Updated: It’s official. AOL’s Armstrong has already posted it on TechCrunch, and I give hats off to Arrington and his team. Well done.