According to the Independent:
Rupert Murdoch’s News Corporation is understood to have made a bid approach to the fast- growing internet phone group, Skype, which may have valued the two-year-old operation at almost $3bn (£1.7bn)…However, talks fell apart last month, just before Rupert Murdoch’s son Lachlan quit his father’s empire.
An acquisition of Skype would have been News Corp’s second big leap this summer beyond the boundaries of its core businesses. In mid-July, it announced the acquisition of MySpace, arguably the industry leader in social networking web sites. Some perspective on that intriguing deal can be found in coverage by the Guardian, the Wall Street Journal, Business Week, and a PaidContent interview with Ross Levinsohn, President, Fox Interactive Media.
Mitch Shapiro at 11:14 PM|Comments(0)
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