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AOL bets that Huffington can save it from irrelevance
AOL bets that Huffington can save it from irrelevance
Huffington, who founded the Huffington Post 6 years ago on a shoestring, has sold the news website to AOL for $315 million. AOL's Huffington Post purchase is one of several recent deals the business has made in a try to remain viable. AOL, which isn't really considered a reputable source of media, is hoping that Ariana Huffington will change that perception. It makes you question if AOL had to take out a personal cash loan to pay that price tag.
AOL hopes Huffington reverses decline