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…