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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  1. identicon
    Anonymous Coward, 10 Oct 2006 @ 9:44am

    Re: Hey, Toll Booth Willie

    Putrid smell? Try driving from NYC into Jersey. Makes Makes Times Sq look clean. He's right NJ is a shithole but it's home and I like it.

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