AOL to acquire Huffington Post for $315 million | Welcome to Linda Ikeji's Blog

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Monday, 7 February 2011

AOL to acquire Huffington Post for $315 million

Arianna Huffinton and CEO of AOL, Tim Armstrong
According to international media reports, AOL announced this morning that it purchased The Huffington Post for 315 million dollars. As part of the transaction, Arianna Huffington, The Huffington Post's co-founder and editor-in-chief, will be named president and editor-in-chief of The Huffington Post Media Group, which will include all Huffington Post and AOL content, including Engadget, TechCrunch, Moviefone, MapQuest, Black Voices, PopEater, AOL Music, AOL Latino, AutoBlog, Patch, StyleList, and more.

Huffington Post is one of the top-read sites on the Internet, pulling in "25 million unique monthly visitors.

$315 million for a news website?  I need to start taking this my blog serious o. You never know, maybe one day Dangote might want to acquire it for $1 million...lol

7 comments:

Anonymous said...

Only 1milli?? i think that na small change

Big Daddy Dickum' Down... said...

Dangote? Lol... U better focus on foreign investors who want to have an insight into naija...

Trust, your blog, despite all its 'oddities' ahem, is still the best naija blog out there...

Anonymous said...

Yes oh Linda..you have to move out of blogspot and register your own trademark like Ms Huffington. Then you're on the way to a cool $315 mill.

Anonymous said...

$1Million & definitely some extra service from Dangote. Linda, u sure you can take the snake? Lol

Anonymous said...

u damn RIGHT.

Abike said...

Linda don't laugh o. U never know...

truth said...

This is the most motivating news I've read all week!!!

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