Paper: News Corp. considered buying Skype
A Reuters newswire article, via CNN/Money, reports that:
Media mogul Rupert Murdoch's News Corp. is understood to have held talks with Skype to buy the Internet telecoms software provider for around $3 billion, but the talks broke down, the British newspaper The Independent reported Sunday.
The newspaper, citing unnamed well-placed sources, said the talks between Skype Technologies and News Corp. fell apart last month, just before Murdoch's son Lachlan quit his father's empire.
The paper said privately-held Luxembourg-based Skype had denied it was for sale, but industry sources had told it that they expected the company to be taken over shortly.
Officials at News Corp. and Skype were not immediately available for comment.
posted by Fergie @ 8/07/2005 01:15:00 PM
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