Check, Please: Huffington Post Sold to AOL for $315m
Check, Please: Huffington Post Sold to AOL for $315m
The Huffington Post, the ground-breaking online news and opinion site founded by Arianna Huffington on a shoestring budget, is to be bought for $315m by AOL in a move sure to stun new media sceptics and believers alike.
Huffington and Tim Armstrong, the chairman and chief executive of AOL, have dubbed the takeover an equation of “1+1 equals 11”, but others with longer memories of AOL’s previous…
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