Acquisition Fever
(* Source: Pete Cashmore *)
WOW: CBS Acquires Last.fm for $280 Million
CBS will announce today the acquisition of Last.fm for $280 million, according to an unverified source. The aim is to attract young people to the CBS brand.
MySpace Announces $250M Photobucket Acquisition, But Losing the War
This one was already a dead certainty, but MySpace is finally announcing the acquisition on Wednesday of Photobucket, for a price of $250 million.
