The Lima Arizona Agreement and Plan of Merger between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a legal document that outlines the terms and conditions of a merger between these companies. This merger aims to combine the assets, operations, and technologies of America Online, Inc. (AOL), ME Acquisition, Inc., and MapQuest. Com, Inc. into a single entity, creating new opportunities for growth and improved services in the digital and mapping industries. This merger agreement is designed to benefit all participating parties involved, including shareholders, employees, and customers. It sets out the terms of the merger, such as the exchange ratio of stocks, the treatment of outstanding stock options, employee benefits, and indemnification provisions to protect the parties involved from potential liabilities. The Lima Arizona Agreement and Plan of Merger represents a strategic move by AOL, ME Acquisition, and MapQuest. Com to leverage their respective strengths and resources. By joining forces, they aim to enhance their competitive position in the market, drive innovation, and offer more comprehensive digital and mapping services to their user base. Keywords: Lima Arizona Agreement and Plan of Merger, America Online, Inc., ME Acquisition, Inc., MapQuest. Com, Inc., merger, assets, operations, technologies, growth, services, digital industry, mapping industry, shareholders, employees, customers, exchange ratio, stock options, employee benefits, indemnification provisions, liabilities, strategic move, competitive position, innovation, comprehensive services.
Pima Arizona Agreement and Plan of Merger between America Online, Inc., MQ Acquisition, Inc. and Mapquest.Com, Inc.
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In spite of its best efforts, MapQuest was finally overtaken by Google Maps in early 2009 and never looked back. Around late 2009, rumours began emerging that AOL was looking to sell some of its online services, such as the previously mentioned ICQ as well as MapQuest.
In October 2019, MapQuest was sold to California-based ad-tech firm System1 for an undisclosed amount. The acquisition price was so low that Verizon wasn't even obligated to disclose the purchasing price.
MapQuest is an American web mapping service and was the first route-finding service to be launched online in 1996. Despite the first-mover advantage and the acquisition by market leader AOL, MapQuest was sold off for an undisclosed sum in 2007.
Verizon ended up with Mapquest as part of its AOL acquisition in 2015. Since its acquisitions of AOL and Yahoo (in 2016), Verizon has made several mapping-related acquisitions and investments in Mapquest, intended to bolster and potentially reinvigorate the company.
But it decided not to, with good reason: Even now, some 40 million people almost all of them in North America use MapQuest at least once a month.
MapQuest Screenshot Screenshot of MapQuest in use on a web browser.Available inMultilingualParentAOL (20002015) Verizon Media (20162019) System1 (2019present)URLwww.mapquest.comRegistrationOptional4 more rows
They are part of tech world lore companies such as MySpace, which exists as a music network, and America Online, which became AOL, bought MapQuest for $1.1 billion in 1999 and then was acquired itself by Verizon this month for only about four times that amount.
Mapquest.com is UP and reachable by us.
Remember MapQuest? It's got a set of new mobile apps with clever, handy features that set it apart from other mapping and navigation apps out there.
The former MapQuest logo was phased out as part of a website redesign unveiled on July 14, 2010.