Summary of Om Malik story from September 27:
* AOL is on the verge of acquiring TechCrunch.
* The deal is at a sensitive stage and might fall apart yet, but I don’t think so.
* Sources familiar with both entities says that the announcement is likely to come onstage at Disrupt, TechCrunch’s flagship conference currently underway in San Francisco.
* AOL CEO Tim Armstrong is likely to make an appearance at the conference, and perhaps that’s when the announcement is likely to be made.
* AOL in the past had acquired Weblogs Inc., the blogging company behind popular sites such as Engadget. Those blogs have helped AOL compensate for steep loss of traffic. The service has been in the market to buy a technology blog, and is rumored to have been linked with other technology blogs.
The link to Om Malik's post: <a href="http://gigaom.com/2010/09/27/aol-close-to-buying-techcrunch/" rel="nofollow">http://gigaom.com/2010/09/27/aol-close-to-buying-techcrunch/</a>