AOL Pays Huffington 300 Million To Takeover Their Site

Filed under: Industry News
In a move that can only be thought of as brilliantly insane AOL just purchased the single site Huffington Post for 300 + Million dollars and part of the deal includes relinquishing control of all of AOL's Online Assets to Arianna Huffington.... Wining The Future man ... I have a website you could have paid me half that much to takeover AOL... I mean really Huffington's site has 25 million uniques a month that is great for a tiny shop but less then 2 million visitors a day and AOL pays her 300 Million to takeover their inventory? Honestly though I have never heard of a such one sided deal and I would not be surprised if investors force some type of investigation into the purchase and giveaway...