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On an overcast Friday afternoon last August, a hundred or so employees of AOL's local news subsidiary, Patch, crammed into a cafeteria at the company's headquarters in Manhattan. Another several hundred connected to the room via conference call.

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Published in Technology

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On an overcast Friday afternoon last August, a hundred or so employees of AOL's local news subsidiary, Patch, crammed into a cafeteria at the company's headquarters in Manhattan. Another several hundred connected to the room via conference call.

They were waiting to hear CEO Tim Armstrong deliver bad news.

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Published in Business
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