MySpace in advanced talks to acquire iMeem - report

Tuesday 17 November 2009 | 17:31 CET | News
MySpace is in advanced talks to take over free music streaming service iMeem, reports TechCrunch citing multiple unnamed sources. The sources indicate that the deal is not yet finalised and is waiting approval from various shareholders. MySpace is believed to be stepping in to take over iMeem after investors became unwilling to pump more funds into the service.

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Categories: Internet
Companies: iMeem / MySpace
Countries: World
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