Wednesday, June 20, 2007

Internet Entrepreneur Who Started MySpace Now Wants To Buy Dow Jones

Look out, Rupert, here comes yet another challenger:
An investment group led by Internet entrepreneur Brad Greenspan will seek a non-controlling stake in Dow Jones through a "Dutch auction."

Greenspan, the former chief executive of the parent company of social-networking site MySpace, says in a letter to the board of directors at Dow Jones that he will buy about 25% of Dow Jones common stock at $60 a share.
Or is this just some dude seeking free publicity?

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