Buys Huffington Post

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It began in 2005 with a $1 million investment and is now one of America's most heavily visited news websites. Is it really worth $300 million to AOL? In addition to paying $300 million in cash, struggling AOL is paying $15 million in stock to acquire the Huffington Post from Arianna Huffington, who will also control all of AOL's editorial content. Dan Gillmor directs the Knight Center for Digital Media Entrepreneurship at Arizona State. His latest book is Mediactive, about navigating the informational chaos.




Warren Olney