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AOL unloads 40% of its cash on Huffington Post buy

money.cnn.com

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Re: AOL unloads 40% of its cash on Huffington Post buy

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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.