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June 21, 2007
Murdoch Wants to Trade MySpace for Chunk of Yahoo
Got to love the aggression of Rupert Murdoch. Buys MySpace and now wants to leverage it for a chunk of Yahoo!
Since he only paid $580 million for MySpace - the site that now gets more visitors than Yahoo - and Murdoch is looking to trade for a 25% share in Yahoo - I think his numbers are a little off.
The story of Murdoch's desires came to light today in the NY Post (which he owns) and other publications.
Posted by Frank Watson on June 21, 2007 4:54 PM
