News Corp May Sell Myspace For Over $100 Million

According to Silicon Alley Insider, the struggling social-networking site Myspace, which News Corp. (NWSA) acquired in 2005 for $580 million, could sell for over $100 million. Several media reports suggest that the sale of Myspace is intensifying. According to The WSJ, bankers at Allen & Co. this week were beginning to schedule meetings with possible [...]