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Verizon exploring tie-up with AOL

Verizon is primarily interested in AOL's programmatic advertising technology - the automated buying and selling of ads online - which two people said could be paired with a future online-video product.

New York

VERIZON Communications Inc has approached AOL Inc about a potential acquisition or joint venture with the Internet company to expand its mobile-video offerings, people with knowledge of the matter said.

Verizon hasn't made a formal proposal to AOL, and no agreement is