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December 17, 2017  
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News Corporation Completes Acquisition of Intermix Media, Inc.
September 30, 2005
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Los Angeles, Calif., -  Fox Interactive Media, Inc., a wholly owned subsidiary of News Corporation, has completed its acquisition of Intermix.

Intermix is a online media and ecommerce enterprise, Intermix Media and its subsidiaries utilize proprietary technologies and analytical marketing to develop unique content, an active community and innovative ecommerce offerings.


Under the terms of the merger agreement, Intermix's common stockholders are entitled to receive $12.00 in cash, without interest and less any applicable withholding taxes. Additionally, preferred stockholders are entitled to receive $12.00, $14.60, $13.50 and $14.00 in cash, without interest and less any applicable withholding taxes, for each share of Intermix Series A 6%, Series B, Series C and Series C-1 convertible preferred stock, respectively, that they hold.

 
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