Huffington Post agrees to $315 million buyout from AOL

[maxiep]

An interesting thesis: http://pajamasmedia.com/rogerlsimon/2011/02/09/does-the-huffpo-sale-mean-obama-over/?singlepage=true

 

[EL PRESIDENTE]

http://www.nypost.com/p/news/business/aol_stock_sheds_huffpo_price_tag_el1sFNDBYfHoytknIKnOJL

You pay for what you get.
Arianna Huffington and Ken Lerer, co-founders of the Huffington Post, are said to be walking away with a combined $80 million to $100 million from an original $2 million per person investment -- but so far AOL stockholders aren't seeing that kind of return.
Since Feb. 1, the price of AOL shares has dropped from $23.85 to $20.89 at yesterday's close.
With 106.7 million shares outstanding, that means AOL has shed $315 million in value over the last five trading days -- which happens to be exactly the same price AOL agreed to pay to acquire HuffPo.


Read more: http://www.nypost.com/p/news/busine...rice_tag_el1sFNDBYfHoytknIKnOJL#ixzz1DVQviyAt

 

[PapaG]

You pay for what you get.
Arianna Huffington and Ken Lerer, co-founders of the Huffington Post, are said to be walking away with a combined $80 million to $100 million from an original $2 million per person investment -- but so far AOL stockholders aren't seeing that kind of return.
Since Feb. 1, the price of AOL shares has dropped from $23.85 to $20.89 at yesterday's close.
With 106.7 million shares outstanding, that means AOL has shed $315 million in value over the last five trading days -- which happens to be exactly the same price AOL agreed to pay to acquire HuffPo.


Read more: http://www.nypost.com/p/news/busines...#ixzz1DVQviyAt

Gordon Gekko couldn't have orchestrated a more seamless heist.

 

[maxiep]

http://www.nypost.com/p/news/business/aol_stock_sheds_huffpo_price_tag_el1sFNDBYfHoytknIKnOJL

Yeah, the symmetry of the deal impact cracked me up.

 

[PapaG]

Yeah, the symmetry of the deal impact cracked me up.

$315 million for the Huffer, stocks lose $315 in value...

A $630 million net loss as of now. I'm guessing that AOL has bigger plans, because this purchase as of now makes no sense, other than to pay off Huffington and the other guy.

 

[EL PRESIDENTE]

$315 million for the Huffer, stocks lose $315 in value...

A $630 million net loss as of now. I'm guessing that AOL has bigger plans, because this purchase as of now makes no sense, other than to pay off Huffington and the other guy.

no. they don't. they are AOL. like I said they are fucking idiots.