French Social Net Seeking Sale To Telco, Talks Ongoing, one of the bigger online social networks and based out of France, is talking with several suitors about a sale, as it nears divestment from its partner radio station’s holding company, paidContent:UK has learned. Parent company Orbus CEO Pierre Bellanger told me the interactive business, which sits alongside the Skyrock teen station he started in 1985, would be sold to a player who could expand it farther beyond its native France.

Currently 70 percent owned by Axa Private Equity and 20 30 percent by Bellanger, Orbus last year decided on the separation to free it for international expansion, expecting to find an overseas partner for a 50/50 alliance. But it has now decided for an outright sale, bringing in all new shareholders…more details on PCUK.

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