Anonymous Investor Group Eyes Myspace

Despite losing $165 million in the most recent quarter, Myspace apparently has some suitors. The Wall Street Journal reports that an anonymous “investor group” has taken the lead in negotiations to buy the company. Myspace’s current owner News Corp. is looking to maintain a 20% stake in the company as part of the proposed deal. Which is interesting, because it means News Corp. still believes in Myspace’s potential, just not in their own ability to run the company.