Huffington Post sold to AOL for $315m
World BusinessFeb 8, 2011
NEW YORK (AP) ― Online company AOL Inc. is buying highly-trafficked website Huffington Post in a $315 million deal that represents a big bet on the future of online news.The acquisition, which will put Huffington Post co-founder Arianna Huffington in charge of all AOL content, brings AOL an additional 25 million unique visitors a day.That could help AOL begin to turn around its display advertising