AOL to buy Huffington Post

2011-02-07 07:55

New York - Online company AOL says it is buying highly trafficked news website Huffington Post for $315m in a deal that will put co-founder Ariana Huffington in charge of all AOL content.

Founded in 2005, Huffington Post now claims 25 million unique visitors a day. It is owned by Ariana Huffington, Kenneth Lerer and a group of other investors.

AOL will pay $300m of the purchase price in cash.

Ariana Huffington will be named president and editor-in-chief of The Huffington Post Media Group, which will include all Huffington Post and AOL content, including Engadget, TechCrunch, MapQuest, Patch and more.

Read more on:    huffington post  |  aol  |  media
NEXT ON NEWS24X

linking and moving

2015-04-22 07:36

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.

Inside News24

 
Traffic Alerts
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.