MySpace to explore potential sale options?
February 8, 2011 · Posted in MySpace Login
This just in, MySpace has hired popular investment firm and bank Allen & Company to allegedly explore sale options. This comes shortly after confirmation that MySpace is cutting nearly half of its staff due to setbacks.
In recent years, the social network Bebo also sought similar relief and was acquired by AOL for some $800 million dollars to be sold later for under $10 million. MySpace recently pushed out a new look with a website re-design, including their new logo of my and a bracket to symbolize the word space.
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