TECH CRUNCH - Nov 18 - MySpace will acquire most of the assets of iMeem
for ~$1M in cash. $1M isn’t the “real” purchase price for the company.
Some assets are being left behind, including millions of dollars in
accounts receivable plus some other cash. All or most of these assets,
plus the purchase price, will be used to pay off some of the debt iMeem
has accumulated. FULL ARTICLE @ TECH CRUNCH
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