The "M" in MSNBC was for owner Microsoft, and the site was rebranded to NBCNews.com after the purchase.
In the filing, the company says the final purchase price was $195 million, "net of $100 million of cash and cash equivalents held at MSNBC.com that were acquired in the transaction."
The site is now dedicated to the political-based cable news outlet.
Written by: Andre Yoskowitz @ 22 Feb 2013 19:16
