One for the record books: $545M less than the purchase price six years ago
Rupert Murdoch’s News Corp. has finally found a buyer for MySpace, but the $35 million sale price is only a fraction of how much the company had been asking for.
Advertising network operator Specific Media and News Corp. finalized the deal Wednesday, allowing Murdoch's company to move the once-mighty social networking site off its books before its fiscal quarter ends Thursday.
Specific Media: Advertising site buys MySpace from Rupert Murdoch's News Corp. for $35 million.
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