[Reuters] MySpace to acquire Photobucket: source

Posted by: UGN Security

[Reuters] MySpace to acquire Photobucket: source - 05/08/07 04:12 AM

LAS VEGAS/SAN FRANCISCO (Reuters) - MySpace, part of Rupert Murdoch's News Corp., has reached a preliminary deal to acquire Photobucket, the world's top photo-sharing site, for around $250 million in cash, a source familiar with the deal said on Monday.


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