While Verizon is busy hammering out the deal to buy AOL, AOL has been doing its own wheeling and dealing. Recode reports that AOL has been discussing spinning off The Huffington Post, with German media company Axel Springer the most interested.
If a deal is made, it will likely be a joint venture. If HuffPost is sold outright, it could fetch more than $1 billion.
AOL’s CEO Tim Armstrong did nothing to quiet the rumor of a spin off.
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