Tsavo Media Sold For $75M
socalTECH
MAY 18, 2010
Los Angeles-based online media firm Tsavo Media , which was founded by Mike Jones, founder of Userplane and current co-President of MySpace, has been sold for $75M to a Canadian firm. According to Toronto-based Cyberplex , it is acquiring Tsavo and its 300 consumer websites for $75M. Tsavo was backed by American Capital.
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