CNN Rumored to Buy Mashable Social Media Blog for $200M
So one of the biggest rumors circling around this year’s South by Southwest (SXSW) is that CNN is going to purchase Mashable for over $200 million. It is not yet confirmed that this will happen, but Reuters blogger Felix Salmon seems to be the one to have first sourced the rumor with a video blog post from the weekend.
This kind of acquisition at that price may have seemed outlandish, but with AOL having purchased the Techcrunch and the Huffington Post, it’s entirely a possibility.
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