06-08-2005, 02:16 AM
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Confirmed User
Join Date: Dec 2002
Posts: 542
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Interesting Article:
http://biz.yahoo.com/bizwk/050603/b3...z063.html?.v=1
Quote:
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Intermix Media Inc., a publicly traded tech company, owns just over 50% of the company. But Intermix is unlikely to be able to issue debt or equity because New York Attorney General Eliot Spitzer is suing the company for allegedly installing software for pop-up advertisements onto people's computers without their knowledge. MySpace, which won't discuss its financials, could go public itself or sell out to a larger company if it needs capital.
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