Monday, February 7, 2011

AOL overpaid for HuffPo. Can deal pan out?

AOL is vastly overpaying for Huffington Post from a strict financial point of view. So, the big question is: Will this deal ever make financial sense?A once-massive Internet service provider that is struggling to turn itself into a content powerhouse, AOL is paying $315 million for HuffPo, or approximately 10 times the reported HuffPo sales of $31 million in 2010.With the stock of AOL trading at

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