Mar 12
13

Mashable Acquisition Rumor: CNN to Purchase Social Media News Site for $200 Million

The mainstream news giant CNN, which is owned by Time Warner Inc, is reportedly involved in advanced negotiations to purchase Mashable.  According to several recent reports, CNN is expected to reach a deal to purchase the popular social media news site for approximately $200 million

See the article here:
Mashable Acquisition Rumor: CNN to Purchase Social Media News Site for $200 Million

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