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October 7, 2007

MSNBC.com acquires social news site Newsvine

Posted by David Hunter at 8:10 PM ET.

MSNBC.com, the 50/50 partnership of Microsoft and NBC, today announced that it had acquired Newsvine com, one of the new breed of “social news” Web sites. The all cash deal was effective October 5, but the price isn’t being disclosed.

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Filed under Acquisitions, Alliances, Coopetition, MSNBC.com, Microsoft, NBC

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