Two Different Suitors Tried to Buy the Huffington Post for $1 Billion

Thank you Janet Yellen.

NYT reports:

[I]n May, [Arianna] Huffington’s tenure as editor in chief was briefly in question. The site’s corporate parent, AOL, was sold to Verizon for $4.4 billion, and Huffington was forced to spend a few weeks negotiating the terms of the site’s future with her new overlords. During that process, AOL revealed that two suitors, earlier in the year, tried to buy The Huffington Post for $1 billion, or roughly four times what Jeff Bezos paid for The Washington Post two years ago.

 -RW