google.com, pub-4909507274277725, DIRECT, f08c47fec0942fa0 Slapinions: MySpace was sold

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Thursday, June 30, 2011

MySpace was sold

Myspace was just sold for $35 million to a group that includes Justin Timberlake. While that sounds like a lot to you and me, the current cover story in Bloomberg quoted an asking price of $100 million, and mentioned that *that* figure would be an embarrasing loss for their ownership. Wow.

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