seven months pass...
WASHINGTON (AFP) – US Internet provider AOL will buy The Huffington Post, a rapidly growing news website with nearly 25 million monthly visitors, for $315 million, the company announced Monday.
Approximately $300 million will be paid in cash, it said.
The Huffington Post is privately owned, but the proposed transaction is subject to government approvals.
The boards of directors of each company and shareholders of The Huffington Post have approved the transaction, expected to close in the late first- or early second-quarter of 2011, the announcement said.
Arianna Huffington, The Huffington Post's co-founder and editor-in-chief, will be named president and editor-in-chief of The Huffington Post Media Group, which will integrate all Huffington Post and AOL content.
That includes Engadget, TechCrunch, Moviefone, MapQuest, Black Voices, PopEater, AOL Music, AOL Latino, AutoBlog, Patch, StyleList, and other sites.
"The acquisition of The Huffington Post will create a next-generation American media company with global reach that combines content, community, and social experiences for consumers," said Tim Armstrong, chairman and CEO of AOL. "Together, our companies will embrace the digital future and become a digital destination that delivers unmatched experiences for both consumers and advertisers."
― buzza, Monday, 7 February 2011 05:58 (fourteen years ago)
eight months pass...
Thanks for being with AOL Mail since 1998
From: AOL Mail Team <AOLMailInfo at message.aol.com>
Date: Thu, Oct 27, 2011 10:40 pmWe're celebrating you
Remember when you joined AOL Mail? We do and we want to say thanks for sticking around — it wouldn't be the same without you.
It's been a busy year for us at AOL but we never forget loyal users like you. We're always working to ensure your AOL Mail remains fast, reliable and safe. Plus we're developing fresh new ideas that will make your mailbox an even better place to spend the day.
In the meantime, we've created some exclusive goodies to brighten up your day and say thanks for using AOL Mail.
What's your e-personality?
Your inbox says a lot about you, whether you know it or not. Find out what your friends already know by answering eight simple questions to reveal your e-personality.
TAKE THE QUIZ
In the year 1998
•Two PhD students, working from a friend's garage, found Google. Internet searching is the new rock'n'roll.
•The FDA approves Viagra for use in the U.S. Email spam filters gain a new enemy.
•You start using AOL Mail.
Some assembly required
Since we can't come to your door to say thank you for using AOL Mail, we've sent our fuzzy AOL blue monster instead. Simply click, print, fold, admire and share.
PRINT NOW
http://i41.tinypic.com/soacly.jpg
― axolotl rose (unregistered), Friday, 28 October 2011 19:47 (thirteen years ago)