Friday, October 06, 2006

MySpace Founder Seeks Probe of News Corp. Deal

Sign of the times 

The founder of MySpace.com parent Intermix Media on Oct. 5 said he is seeking a federal investigation of the sale of Intermix to News Corp. last year, claiming the deal defrauded shareholders by undervaluing the Internet's most popular networking site.

Source: MySpace Founder Seeks Probe of News Corp. Deal

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