Potential Buyers Smell Opportunity with Myspace. Seriously.
Myspace, the nearly forgotten social media site, may have found a buyer. All Things Digital is reporting that Specific Media, an ad targeting firm, is in the lead for Myspace. Irvine, Calif.-based Specific Media is backed by Francisco Partners. Golden Gate, a distressed investor that recently inked a deal for California Pizza Kitchen, is also vying for the social network site, the report says. The San Francisco PE firm has never done a social media deal.
28 June 2011•3 mins read
