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News Corp. To Get MySpace.com With Intermix

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News Corp. is going to get MySpace.com as it buys Intermix Media for $580 million in cash. Intermix is buying the portion of MySpace.com that it doesn't already possess, so that will come along with the package. News Corp.'s new Fox Interactive Media unit will be getting over 30 new sites from both MySpace.com and Intermix Media, which will help the doubling of News Corp.'s web traffic.

News Corp. Expects to Double Traffic With Intermix Purchase.latest ebusiness news.

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