UK competition authorities have given ITV the go-ahead for the £25m
(US$39m) sale of its social networking site Friends Reunited to IT
firm Brightsolid. The move gives a boost to embattled ITV, which last
August sold the site to Brightsolid, an IT technology company owned by
comics publisher DC Thomson, in a deal that represented a considerable
loss on the £175m ITV paid for Friends Reunited back in 2005. http://www.c21media.net/news/detail.asp?area=1&article=54275
(US$39m) sale of its social networking site Friends Reunited to IT
firm Brightsolid. The move gives a boost to embattled ITV, which last
August sold the site to Brightsolid, an IT technology company owned by
comics publisher DC Thomson, in a deal that represented a considerable
loss on the £175m ITV paid for Friends Reunited back in 2005. http://www.c21media.net/news/detail.asp?area=1&article=54275
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