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Social network sites tempt investors

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08-28-2007

Steve

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Social network sites tempt investors

NEW YORK/LOS ANGELES (Hollywood Reporter) - Social networking Web sites have fired up industry deal headlines the past couple of years -- from News Corp.'s ground-breaking acquisition of MySpace to the recent purchases by the Walt Disney Co. and Viacom Inc.'s Logo network of Club Penguin and DowneLink.com, respectively.

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