AOL to Buy The Huffington Post for $315 Million

AOL to Buy The Huffington Post for $315 Million – NYTimes.com.

The Huffington Post, which has grown from its small but splashy debut in 2005 into one of the Web’s most popular news sites, has agreed to sell itself to AOL, The New York Times’s Jeremy W. Peters and Verne G. Kopytoff report on Monday.

Not a bad take for 6 years of work. I personally believe that AOL is getting hosed in this deal.
What can you say, this is capitalism at its finest.

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About Mr Caps

The guy behind the guy, exposing the tyranny of the Democrat Party and other rants.
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