Patch Family Expands: AOL Buys Huffington Post

On Feb. 7, employees of the 800-plus Patch sites around the United States received word that our parent company, AOL, would acquire The Huffington Post, one of the most exciting, influential and fastest-growing properties on the Internet.

Co-founded six years ago by Arianna Huffington and Ken Lerer, The Huffington Post has grown to become an industry leader -- one of the Web’s most popular and innovative sources of online news, commentary and information. 

Here's the official release for more details and a link to video of the announcement from All Things Digital.