Legal Challenges To MySpace Sale Dismissed In LA Court

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At roughly the same time that Brad Greenspan, founder of Intermix Media predecessor eUniverse and an Intermix shareholder, was making a new round of claims about the MySpace parent being sold fraudulently, the first batch was being dismissed in a California court. Last Friday, LA Superior Court Judge Carolyn B. Kuhl rejected claims by Greenspan and other Intermix shareholders that News Corp.’s FIM underpaid when it acquired the company in 2005 for $580 million. Mike Angus Angle, general counsel, FIM: “We hope this ruling will finally put an end to Mr. Greenspan

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