Monday, November 12, 2007

Liberty Media to Acquire FUN Technologies for $94 Million

John Malone's Liberty Media (NASD: LINTA) said on Friday that it will acquire Toronto-based FUN Technologies, a provider of online casual and fantasy sports games and sports information, in a deal valued at about $94 million. Liberty, which also holds stakes in DirecTV, the Atlanta Braves, QVC and IAC, previously purchased a 53% stake in FUN Technologies in November 2005. FUN has developed online games distributed by AOL, Disney, MSN, eBay and NASCAR.com.
http://dmwmedia.com/news/2007/11/09/liberty-media-to-acquire-fun-technologies-for-94-million

http://www.funtechnologies.com/

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