'Hocus Pocus 2' Review Wi-Fi 6 Router With Built-In VPN Sleep Trackers Capital One Claim Deadline Watch Tesla AI Day Student Loan Forgiveness Best Meal Delivery Services Vitamins for Flu Season
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Short Take: AOL acquires MovieFone

America Online completed its purchase of telephone and online movie ticket service MovieFone. Closure of the $525 million stock deal, in which each share of MovieFone was exchanged for about one-third of a share of America Online stock, came immediately after MovieFone shareholders approved the transaction. AOL said the acquisition will give it access to a host of customers whose first online purchase will be a movie ticket.

America Online completed its purchase of telephone and online movie ticket service MovieFone. Closure of the $525 million stock deal, in which each share of MovieFone was exchanged for about one-third of a share of America Online stock, came immediately after MovieFone shareholders approved the transaction. AOL said the acquisition will give it access to a host of customers whose first online purchase will be a movie ticket.