AOL stock sheds $315M — same as HuffPo price – NYPOST.com

Arianna Huffington and Ken Lerer, co-founders of the Huffington Post, are said to be walking away with a combined $80 million to $100 million from an original $2 million per person investment — but so far AOL stockholders aren’t seeing that kind of return.

Since Feb. 1, the price of AOL shares has dropped from $23.85 to $20.89 at yesterday’s close.

With 106.7 million shares outstanding, that means AOL has shed $315 million in value over the last five trading days — which happens to be exactly the same price AOL agreed to pay to acquire HuffPo.

via AOL stock sheds $315M — same as HuffPo price – NYPOST.com.

Let’s see, AOL is in the process of buying HP for $315 million, as soon as the word gets out AOL stock loses 315 million in value in over 5 trading days.

I’m not a rocket scientist however I can add quite easily.
Let’s see 315+315=630
So AOL’s purchase of HP has cost the company 630 million dollars so far.
I can’t help but laugh!

It seems that everything these Democrats touch turns to sh*t…


Let this be a lesson to you.


About Mr Caps

The guy behind the guy, exposing the tyranny of the Democrat Party and other rants.
This entry was posted in Democrats and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s