You See, Once Buyers And Sellers Agree On A Price, The Deal Is Pretty Much Done
from the in-case-you-weren't-sure-how-it-worked dept
While MySpace co-founder Brad Greenspan got plenty of attention last week calling for a federal investigation of News Corp's purchase of Intermix Media (the parent company of MySpace), he's been beating that drum for well over a year. In fact, back in February, he filed a lawsuit over the issue. So why did it come back up late last week? Probably because he realized that the lawsuit he filed was about to be thrown out of court. The judge noted that shareholders of the company were fully informed and there was nothing funny about the deal. It seems unlikely that this will go much further, as the chances of a federal investigation seem pretty slim. In the meantime, we doubt we'll be hearing similar complaints from the founders who just sold YouTube.






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He should be happy with this money....and go wreck a Ferrari or something ;)
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Re:
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It costs...
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Greedy Uncle Sam
After all taxes and capital gains etc, 1.5b is looking like he will get to keep 675m according to the tax tables at the IRS.
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Re: Greedy Uncle Sam
At 1.65b, it looks like he will take home a hefy 754mil approx.
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two cents worth
...how about $0.01 for the $100.00 and turn the servers over to something worth while.
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Re: Re: Greedy Uncle Sam
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If you ever go through a toll booth in the shithole known as New Jersey video tape EVERY time you drop in a coin or hand it to the less than average IQ attendant because months later you might get a photo of the rear of the rental car (Thrifty SUCKS - charged me $25 for admin fee of the "violation") and a threatening letter saying you have just a few days to pay $25 for this 75 cent fine or you'll owe the wonderful garden state $500. I NEVER left a toll booth w/o green light. Assholes! Thanks for the vent!
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Hey, Toll Booth Willie
We hope you get the hint and never come back. Your fat ass wasn't really welcome in the first place.
kthxbye,
- New Jersey
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Re: Hey, Toll Booth Willie
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Toll Booth Willie
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Re: Greedy Uncle Sam
Go eat some chicken and save up your insight - you might need it someday.
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If I can't take my car back after 1 day, you can't have your company back. Go suck on a lemon. Seller's remorse my ass.
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