AOL buy Huffington post for $315million
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AOL buy Huffington post for $315million
http://news-briefs.ew.com/2011/02/07/aol-huffington-post/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+entertainmentweekly%2Fnews-briefs+%28Entertainment+Weekly%2FEW.com%27s%3A+News+Briefs%29&utm_content=Twitter
Feb 7 2011 09:44 AM ET
AOL buys Huffington Post for $315 million
by Jeff Labrecque
AOL has agreed to acquire The Huffington Post website for $315 million. The left-leaning website was launched in 2005 by a group led by Arianna Huffington and currently boasts a readership of 25 million unique monthly visitors. “This is truly a merger of visions and a perfect fit for us,” said Huffington, in the statement. “The Huffington Post will continue on the same path we have been on for the last six years – though now at light speed — by combining with AOL.”
Huffington will be president and editor-in-chief of AOL’s new Huffington Post Media Group, which will include content from Engadget, TechCrunch, Moviefone, MapQuest, and other sites
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