Wednesday, May 30, 2007

Fox Interactive Confirms Photobucket, Flektor Acquisitions

The Photobucket and Flektor acquisitions were confirmed by Fox Interactive today in a press release. No details on prices, so we are assuming earlier reports were correct: $300 million for Photobucket (including a $50 million earnout) and $15-20 million for Flektor. We had earlier reported that MySpace made both of these acquisitions; in fact parent company [...]

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