AOL to buy Huffington Post for $315 million

By ASSOCIATED PRESS
February 7, 2011 12:07

NEW YORK— Online company AOL Inc. will buy 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 business, which has struggled to grow as the company tries to turn itself into a content provider and moves farther away from its roots providing dial-up Internet.


Related Content

Breaking news
April 22, 2018
Report: Police Say 'No Criminal Suspicion' in Avicii's Death

By REUTERS

Israel Weather
  • 14 - 22
    Beer Sheva
    16 - 20
    Tel Aviv - Yafo
  • 13 - 19
    Jerusalem
    16 - 20
    Haifa
  • 19 - 29
    Elat
    17 - 27
    Tiberias