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News Corp: MySpace Worth $6 Billion
Old 11-15-2006, 09:10 PM News Corp: MySpace Worth $6 Billion
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In an investors meeting in Australia yesterday, Rupert Murdoch said that MySpace could now be sold for $6 billion — about a 10x return on the original $580 million that News Corp. paid for it. In other news, one of the many MySpace alternatives, Facebook, is rumored to be in talks with IAC — or at [...]

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