Friendster Shopping Itself Around In Asia

TECH CRUNCH -- July 27 -- Friendster is actively looking for a buyer and has hired investment bank Morgan Stanley to find a party interested in acquiring the company or at least some of its assets. The fact sheet that we obtained shows that Friendster/Morgan Stanley are gunning for a buyer who wants to gain quick access to the Asian social networking scene. One thing we couldn’t gather from the documents is the price Friendster is hoping to get. FULL ARTICLE @ TECH CRUNCH

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