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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Comments on “You See, Once Buyers And Sellers Agree On A Price, The Deal Is Pretty Much Done”

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Toll Booth Willie Venting - Unrelated! says:

This doesn’t pertain to this at all but FYI

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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