Verizon is exploring the possibility of selling off the Huffington Post, the Financial Times reported Friday.
According to the FT, two individuals familiar with the situation say Verizon has raised the possibility with several potential buyers. However, a formal sale process has not been initiated, and all discussions are at very early stages, the FT said.
Representatives for Verizon did not immediately respond to a request for comment from TheWrap, but a spokesperson told FT, “We don’t comment on rumours and speculation.”
Verizon acquired the Huffington Post when it purchased AOL in 2015 for $4.4 billion; after buying Yahoo for $4.7