Arianna Huffington Renews Contract to Stay On After Verizon Deal

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by: Gerry Smith | Bloomberg

Arianna Huffington signed a four-year contract to remain president and editor-in-chief of the Huffington Post, ending uncertainty about her future after her website was acquired by Verizon Communications Inc.

Verizon agreed to buy AOL Inc., owner of the Huffington Post, in April. AOL Chief Executive Officer Tim Armstrong will continue to lead AOL’s operations after the $4.4 billion deal is complete.

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