Monday, February 7, 2011

AOL Has Acquired Huffington Post in $315 million

Today's biggest news from Tech World is that AOL has bought the  Huffington Post in $315 million US Dollars which is the biggest deal Company made till now. According to the media reports $300 million will be paid in Cash while $15 million will remain in stock.

According to this deal the founder of Huffington Post Miss Arianna Huffington will be Chief Editor of Content Available on AOL.  According to deal Arianna Huffington will be running Huffington Post as well as AOL's Content. Huffington Post is one of the most visited blog online and it has a reputation of being a Liberal Blog. All AOL sites are now totally getting over 270 Million Online Visitors.