NEW YORK, (NY) - Founded in 2005, Huffington Post now claims 25 million unique visitors a day.
It is owned by Ariana Huffington, Kenneth Lerer and a group of other investors.
AOL will pay $300 million of the purchase price in cash.
Ariana Huffington will be named president and editor-in-chief of the Huffington Post Media Group, which will include all Huffington Post and AOL content, including Engadget, Techchunch, Mapquest, Patch and more.
KKCO firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKCO 11News.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.