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Skype may have rejected News Corp. buyout offer

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Skype may have rejected News Corp. buyout offer

Media giant News Corp. reportedly floated a $3 billion acquisition bid for the popular VoIP developer Skype.

The U.K.-based news site The Independent, citing “well-placed sources,” reported talks broke down between the two companies last month. Whether Skype is talking to companies, News Corp. included, about a possible acquisition remains open to speculation.

Read the complete story(InternetNews.com)