Cancel 2018. 3
<-- sched 2, MJ sched 1
NEW YORK (CNNMoney) -- AOL's purchase of The Huffington Post is the splashiest in a long line of acquisitions -- but the buying spree likely ends here. AOL had to part with almost half of its cash to secure the deal.
As part of the $315 million acquisition, AOL unloaded $300 million in cash -- plus another $30 million in cash to cover expenses. That's more than 40% of the $802 million in cash that AOL had on hand at the end of last year.
http://money.cnn.com/2011/02/07/technology/aol_huffington_post/index.htm?hpt=T2
i may not like her political views, but damn, way to go, create a site, tell your opinion, push your political view for a few years and make a killing. do the people who write articles for her site get paid? i wonder if the site will be the same now that its own by a huge corporation (desh's is going to explode) and not run on a some what grass roots, blog, type independent website where liberals can express their views.
