Business & Tech
AOL Buys Huffington Post
Ariana Huffington named editor-in-chief of newly formed HuffingtonPost Media Group, which will include Patch
AOL, the parent company for Patch.com, announced that it has acquired popular online news site HuffingtonPost this morning.
As part of the $315 million deal, Ariana Huffington, the Post's co-founder and editor-in-chief, will serve as president and editor-in-chief of AOL's new division, The HuffingtonPost Media Group.
The HuffingtonPost Media Group will include Patch.
Find out what's happening in Mentorfor free with the latest updates from Patch.
Mentor Patch is one of close to 800 hyper-local news sites operated by Patch across the country. This acquisition is likely to have little direct effect on sites like Mentor Patch, but honestly we don't know exactly what the impact will be.
In the meantime, Mentor Patch will continue to cover local news as it has done since its launch.
Find out what's happening in Mentorfor free with the latest updates from Patch.
For additional information on the acquisition, look at the press release issued by AOL or read Arianna Huffington's own statement.
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