‘Yahoo! is not buying The Huffington Post’
By ANIWednesday, June 9, 2010
Washington, June 9 (ANI): Arianna Huffington, the co-founder and editor-in-chief of the popular US aggregator and blog, The Huffington Post, has ruled out selling the site to Yahoo!
Talking to The Telegraph exclusively, Huffington said: “We are not in negotiations with Yahoo! for the sale of huffpost, but we are exploring various content partnerships.”
Rumours have been circulating that Yahoo!, whose chief executive, Carol Bartz, is on an acquisition spree, has been trying to buy The Huffington Post.
Bartz, in an interview with The Telegraph last month, explained that Yahoo!’s mission under her guidance, was to be the home of “superior content”.
Bartz said she had already earmarked several companies she wanted to buy to help her achieve this ambition and last month completed the purchase of Associated Content.
A deal between Yahoo! and The Huffington Post was thought to have been logical as The Huffington Post would increase its audience base, while Yahoo! would gain a huge amount of content.
However, Huffington has denied a sale is on the cards and did not give any more detail on what type of content partnerships it was exploring. (ANI)
