Is MySpace vulnerable to takeover?
The fortunes and market perception of social networking giant MySpace have changed drastically since its high-profile takeover by News Corporation. Will it be sold, will it evolve, will it fail?
Why is it such a good deal?
Certainly there's no external pressure to sell, though, with no dissatisfied board of directors, no shaky share price and no impending business collapse seemingly on the horizon. But there is a very powerful owner, and a very ambitious one. And there's a very real chance that his ambitions for his company's future are intrinsically linked to the future ownership of MySpace. Thus, while a transaction remains unlikely, few would completely rule it out.
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