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AOL unloads 40% of its cash on Huffington Post buy
(
cnn.com
)
4 points
by
scommab
on Feb 7, 2011
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2 comments
Zpirate
on Feb 7, 2011
[–]
Ariana pulled a Steve Case on 'em!
In related news, AOL down 3.2% in late trading.
Market says "bad move".
_iie2
on Feb 7, 2011
|
parent
[–]
Aol execs shouldn't worry about a 3% dip the day after a merger announcement. They've got really premium content (HuffPo, TC, Weblogs Inc.) and will likely represent one of the more profitable journalism companies over the next decade.
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In related news, AOL down 3.2% in late trading.
Market says "bad move".