Over the weekend, AOL's DailyFinance noted that AOL purchased the online newspaper The Huffington Post. “The new group will have a combined base of 117 million unique visitors a month in the United States and 270 million around the world. Following the close of this transaction, AOL will accelerate its strategy to deliver a scaled and differentiated array of premium news, analysis, and entertainment produced by thousands of writers, editors, reporters, and videographers around the globe. ...“'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.'”
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