AOL just bought Huffington Post for $315 million, All Things D reports.
Arianna Huffington will become AOL's editor in chief, in charge of "All Huffington Post and AOL Content, Including News, Tech, Women, Local, Multicultural, Entertainment, Video, Community, and More."
The price is $300 million in cash, $15 million of stock.
At first glance, this looks like a great buy. AOL will get a much-needed editorial voice, and another huge content portal -- this one with cachet among younger and more progressive readers.
To read the full, original article click on this link: AOL Buys Huffington Post For $315 Million
Author: Dan Frommer
