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Will News Corp's Acquisition of MIX be IntermixedUp?
by: Davi Jackson
September 28, 2005 | aout NWS:
1 bas broken Out over Inter (cer: i). Brad Grosnspan, founder and CEO unl October 2009 and curently the
independent ronnsdersharoholer (he ows about 10% of the company) has launched w compagn to get
Sharnolses vet aga! te sle of nex o Nowe Corp. (kar NWS) He argues that norma was wert
‘oncierably more than the $12 por aru Nows Comp ofred, and has since appreciated 9 value, But he als ows
| some serious aliegations af Intermix’ curent management eam. The key allegations:
+ “ie Management and ther Insiders 92 approximately $25 milion of nr tock nil knowlege that
‘ho Now York Sate Atomay General (NY=AG), Ell Spier, would soon Be 2 lwsu against the company or
Carin adware prmoton actvty, Management and Insider sd vast quant of sock before decoy his
{acl inormaten appromatly to the ret of he marketpiace*
intern mirpreeened the nature of fs Adware Gownlcads 10 the NY-AG, and actualy rampod stitution of
them: ncugng porchasng advering on web ses targeted at aden -dsing tho Fvesbgaion
= lemix CEO created a seneme fo inflate the undue visors reported for Grab com na sng of press
Teleases pot and aug the Ince sock sales oosating”
he proposed News Corp aneacton fe 8 ewes heart eal hat vets mllions of oars to insiders atthe
‘apanes of oer socholdor” Speriicaly, $189 millon has been set ide fo provide legal protection forthe
Imei Bea of Drecor
Ne Greenspan has dete his alogations on a website, aptly ned Iniermixed\o com
bated:
Dont sho unk - plans of Now. Cam's phase of nema NWS. MDA)
Lia Siler pion ast Ikons Mca
2 feu intra Modi ass fleas la. Enetsh?.
2 tamnik Nolverk Mon uss-aonofted cone and al makcta (quotes om me 4008 cont ca
1 At nuret Stock Blog artes on fern
{The tumble to inane sor and nsf artes about them) covered by The ntrnt Stack Bog.
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