AOL Buys Huffington Post: A New Era of Online News

Online media giant AOL

has bought The Huffington Post for $315 million. It will pay $300 million in cash, the rest in stock for the news website. When The Huffington Post raised money just over a year ago, the value of the site was rumored to be $125 million. It has 25 million unique users a month, according to Comscore figures. AOL has just over 90 million. The combined user bases could push the total ahead of MSN, the Microsoft

portal, and perhaps Yahoo!

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