News Corp. In Repeat With Sale To Local Tech Firm
socalTECH
FEBRUARY 4, 2013
spends hundreds of millions of dollars on a media property, runs it for about seven years, and then decides to unload that same property for a fraction of the price it paid to a Southern California technology--not media--company. acquired IGN in September of 2005, for $650M. Does this sound familiar? Well, could be.
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