The quest continues: Looks like the next News Corp acquisition will be Milkround, the UK graduate recruitment site, for around £20 million or $37 million. News Corp is rumoured to have muscled out Trinity Mirror and DMGT, reports The Telegraph, and the deal could be signed in weeks. It’s yet another smart move; Milkround is a very tidy, well-targeted product that will integrate well with News Corp’s other properties in the UK. Founder Tom Hughes will do well too - he started the site in 1996 without a salary.
Related: News Corp Says No Stake Deal With Telecom Italia
—News Corp. Buying 51 Percent Of VeriSign’s Jamba For $187.5 Million