Fox buys MySpace.com for $580 mil

NYSpeed Automotive NYSpeed Off Topic
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http://news.yahoo.com/s/nm/20050718/wr_nm/media_newscorp_dc_2

The deal comes after News Corp., home to the Fox television network, Fox News and 20th Century Fox film studios, announced on Friday the creation of an Internet division to hold the company’s sports, news and entertainment sites.

News Corp. will pay $12 a share, a 12 percent premium over Intermix’s closing price on the American Stock Exchange on Friday. Accordingly, Intermix shares rose 9.6 percent to $11.75 in Monday trading.

Figured out to be about $300 per current member. I think they maybe overpaid? :smash2:

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Emos unite

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lets sell sports and news to emo’s & teenage girls

:bloated:

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did you notice the date on the article you posted?

:shrug:

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:smiley:

I figured someone hasn’t seen it yet. :gotme:

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what are they gonna do ? run ads on myspace for razor blades and black eye shadow ?

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:lol:

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parachute pants, fish net like whoa, and god knows what else. oh, wait, I forgot, God hates them. :shoot:

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and cameras that are designed to take out of focus pictures from stupid angles

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well i bet that Tom guy is happy

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That’s a LOT per member… I hope those banner ads are $1 per view and $2 per click.