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Stock Market & Financial Investment News

News Breaks
February 1, 2013
18:58 EDTNWSA, JCOMNews Corp. to sell IGN gaming unit to J2's Ziff Davis, AllThingsD says
News Corp. (NWSA) is close to completing a sale of its gaming unit, IGN, to Ziff Davis, which is owned by J2 Global (JCOM), according to an AllThingsD report that cites sources close to the situation. The report says News Corp. bought IGN for $650M in 2005, and that this transaction is "considerably lower." Reference Link
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