On Monday, AOL's purchase of the Huffington Post was finalized. Not coincidentally, the company's stock sank to its lowest price ever. The stock fell about 4% on Monday, ending about 33% below its 12 month high. Seeking to revitalize its sorely faded luster, AOL must now rely upon the combined vision of AOL CEO Tim Armstrong and Arianna Huffington, who is now president and editor-in-chief of the new Huffington Media Group. If Arianna brings the same deadly acumen to the HMG that she has demonstrated in her previous ventures, you'll be able to pick up AOL out of the penny stock bin before long. As a matter of fact, enticing $315 million out of Mr. Armstrong and his pals is about the only unsullied business move yet by the flip-flopping Greek divorcee. Arianna gained renown as a writer in the 1980's with biographies of Maria Callas and Pablo Picasso. Unfortunately, charges of plagiarism regarding her work followed almost immediately. In fact, plagiarism charges against her Callas book were settled out....
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