My previous post, LinkedIn May Be Bought By Owner of MySpace, was apparently just a rumor. According to Reuter's, Rupert Murdoch's News Corp. is not holding takeover discussions with LinkedIn.
Excerpts from the story:
"At first glance, a deal could make sense. LinkedIn could provide the technology and services underpinnings to connect the business world readers of Dow Jones publications, after Murdoch's $5.6 billion deal for the Wall Street Journal publisher closes this year. "
"But News Corp.'s Fox Interactive Media (FIM) Internet division may already be moving to serve that function, its executive said."
To read the entire press release, go to News Corp., LinkedIn not in takeover talks.
What do you think? I am still convinced that something soon will be announced about the takeover of LinkedIn. This type of speculation usually ends up true.
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