Holy Crap! $315 Million later and AOL buys Huffington Post [VIDEO]

Wow. Holy Crap.

This has to be some of the biggest deal to hit the blogosphere, over shadowing AOL’s purchase of TechCrunch for a rumored amount of $10 million.

Following the Super Bowl Kara Swisher from All Things D got the scoop of a lifetime as AOL CEO Tim Armstrong and Arriana Huffington, Editor-in-Chief of Huffington Post, announced that AOL has purchased Huffington Post for the sum of $350 million.

Here is the video of Kara interviewing Armstrong and Huffington about the announcement.

By the way – this means that Arriana Huffington is Michael Arrington’s boss. I’m sure this is going to go over well.