In order to avoid conflicts of interests, AOL Huffington Post Media Group editors, writers, and reporters may not have a financial interest in a company or industry that they regularly cover.

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"As part of the transaction, Arianna Huffington, The Huffington Post's co-founder and editor-in-chief, will be named president and editor-in-chief of The Huffington Post Media Group, which will include all Huffington Post and AOL content, " the statement said.

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Arianna Huffington, editor-in-chief of the newly-minted Huffington Post Media Group and queen of all AOL properties.

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