AOL Buys HuffPo For $315 Million
In a surprise move over the weekend, AOL announced that it had agreed to buy The Huffington Post for $315 million.
Arianna Huffington will serve as editor-in-chief of all content within AOL, including blogs like Engadget and TechCrunch, Patch, and the Huffington Post itself (which as far as we know is not going anywhere).
Kara Swisher has been all over coverage of the deal. In her report, she notes that Huffington Post CEO Eric Hippeau will not be staying with the company, nor will Chief Revenue Officer Greg Coleman.
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