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AOL unloads 40% of its cash on Huffington Post buy (cnn.com)
4 points by scommab on Feb 7, 2011 | hide | past | favorite | 2 comments


Ariana pulled a Steve Case on 'em!

In related news, AOL down 3.2% in late trading.

Market says "bad move".


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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