AOL to Buy The Huffington Post in $315 Million Deal

AOL to Buy The Huffington Post in $315 Million Deal

The Huffington Post, which began in 2005 with a meager $1 million investment and has grown into one of the most heavily

visited news Web sites in the country, is being acquired by AOL in a deal that creates an unlikely pairing of two online

media giants.

The two companies completed the sale Sunday evening and were expected to announce the deal Monday morning. The deal will

allow AOL to greatly expand its news gathering and original content creation, areas that its chief executive, Tim

Armstrong, views as vital to reversing a decade-long decline.

Read More: http://www.nytimes.com/2011/02/07/business/media/07aol.html?emc=na

About Albert N. Milliron 6987 Articles
Albert Milliron is the founder of Politisite. Milliron has been credentialed by most major news networks for Presidential debates and major Political Parties for political event coverage. Albert maintains relationships with the White House and State Department to provide direct reporting from the Administration’s Press team. Albert is the former Public Relations Chairman of the Columbia County Republican Party in Georgia. He is a former Delegate. Milliron is a veteran of the US Army Medical Department and worked for Department of Veterans Affairs, Department of Psychiatry.

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