AOL BUYS HUFFINGTON POST FOR 315 MILLION CASH MONEY!!!

*The equivalent of an earthquake just rumbled through the online publishing world with the news that Arianna Huffington is selling the left leaning Huffington Post blog/Internet newspaper to AOL Inc. for $315 million in cash.

The deal, which both parties announced Sunday evening, will move the co-founder of HuffPost to the position of president and editor in chief of a new Huffington Post Media Group division at AOL.

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