US internet and communications company AOL announced today that it has agreed to acquire The Huffington Post, the US news and opinion website, for US$315m.
In a statement, AOL said that approximately US$300m of this amount would be through cash in…
US internet and communications company AOL announced today that it has agreed to acquire The Huffington Post, the US news and opinion website, for US$315m.
In a statement, AOL said that approximately US$300m of this amount would be through cash in hand.
It said that it expected the transaction to close late in the first quarter or early in the second quarter of 2011.
