Myspace.com for sale - starting bid at 100 million

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After buying MySpace for $580 million five years ago, News Corporation will sell the dying social network at a steep discount, with bids due this week. But don't even think about bidding below $100 million.

One of MySpace's potential buyers, which include a Chinese internet portal and various private equity firms, told the Wall Street Journal that News Corp. has set a $100 million floor on bids for MySpace.
 
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