[Reuters] News Corp to sell Myspace for $35 million: source

Posted by: UGN Security

[Reuters] News Corp to sell Myspace for $35 million: source - 06/29/11 07:49 PM

NEW YORK (Reuters) - News Corp has agreed to sell social media site Myspace for about $35 million to online advertising company Specific Media, according to a source familiar with the transaction.