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AOL fails to negotiate purchase of Business Insider

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AOL Inc. reportedly failed to negotiate a purchase of business and technology news website Business Insider for more than $100 million.

Fox News reports talks in the second half of 2013 ended after Business Insider officials indicated they wanted a more lucrative officer.

Though it's unclear what Business Inside might sell for, one source has suggested it may be looking for an offer of at least $250 million.

Read more from Fox News.

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