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3 Bumps

Is Arianna Huffington Bad for Business?

If you own AOL stock(like my dh just told me we did), I would say yes.

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.

Answer Question
 
Anonymous

Asked by Anonymous at 4:39 PM on Feb. 9, 2011 in Politics & Current Events

Answers (14)
  • http://www.nypost.com/p/news/business/aol_stock_sheds_huffpo_price_tag_el1sFNDBYfHoytknIKnOJL
    Anonymous

    Comment by Anonymous (original poster) at 4:39 PM on Feb. 9, 2011

  • Many liberals are bad for business. ;o)
    grlygrlz2

    Answer by grlygrlz2 at 4:43 PM on Feb. 9, 2011

  • Interesting stuff.
    QuinnMae

    Answer by QuinnMae at 4:48 PM on Feb. 9, 2011

  • I don't think they did themselves any favors buying huff n puffington. I made note of that yesterday in a post.
    Carpy

    Answer by Carpy at 4:55 PM on Feb. 9, 2011

  • LOL... I wonder how long before the HuffPo acquisition becomes "#19" on on AOL's list of top failures?! :o)


    http://www.techi.com/2010/05/youve-got-fail-celebrating-aols-25th-anniversary-with-18-examples-of-fail/

    LoriKeet

    Answer by LoriKeet at 5:08 PM on Feb. 9, 2011

  • From a business standpoint, this makes me chuckle:


    "AOL Inc. bought the Huffington Post in a bid to draw more readers and advertisers. But some marketing executives are expressing concerns about the liberal-leaning nature of the site and its potential to taint the broader AOL brand."


    LOL.... Really??  ;o)

    grlygrlz2

    Answer by grlygrlz2 at 5:16 PM on Feb. 9, 2011

  • AOL must think they will get a return on investment ...
    tasches

    Answer by tasches at 5:33 PM on Feb. 9, 2011

  • I didn't personally think it was a good move. They have aligned themselves fully with the left...we know how that goes when it comes to the media world.
    yourspecialkid

    Answer by yourspecialkid at 6:49 PM on Feb. 9, 2011

  • I wonder if she stills hates the wealthy?
    jesse123456

    Answer by jesse123456 at 8:46 PM on Feb. 9, 2011

  • yes
    alisha2104

    Answer by alisha2104 at 8:47 PM on Feb. 9, 2011

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