Huffington Post bloggers lose legal battle for share of AOL money
Judge rejects claim that bloggers should get one-third of $315m paid for Huffington Post because they contributed to site’s valueA US judge has dismissed a case brought by unpaid bloggers who complained they were deprived of their fair share of the roughly $315m that AOL paid last March to buy the Huffington Post. The district judge John Koeltl rejected claims by the social activist and commentator Jonathan Tasini and an estimated 9,000 other bloggers that they deserved $105m, or about a third of the purchase price.
published date:Sun, 01 Apr 2012 10:28:03 GMT
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Huffington Post bloggers lose legal battle for share of AOL money
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Huffington Post bloggers lose legal battle for share of AOL money
Judge rejects claim that bloggers should get one-third of $315m paid for Huffington Post because they contributed to site’s valueA US judge has dismissed a case brought by unpaid bloggers who complained they were deprived of their fair share of the roughly $315m that AOL paid last March to buy the Huffington Post. The district judge John Koeltl rejected claims by the social activist and commentator Jonathan Tasini and an estimated 9,000 other bloggers that they deserved $105m, or about a third of the purchase price.
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