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AOL to buy Huffington Post paper

AOL to buy Huffington Post paper

US internet firm AOL has agreed to a buyout of the Huffington Post online newspaper.

The $315m (£222m) deal will create an internet media group with 270 million users, including 117 million in the US.

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Articles On Essay Writing Services The purchase price – $300m of which will be in cash – will be paid to co-founders Arianna Huffington and Kenneth Lerer and a few minority shareholders. Writing Papers Help

Ms Huffington – currently editor of her namesake news service – will head the combined firm’s content division.

Custom Writing Industry This means she will take on responsibility for AOL sites such as Engadget and Techcrunch, as well as retaining her current role at the intellectual centre-left website she helped set up in 2005.

Read More/Source: BBC News

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