Bogus: Zapak buys Sony Online Entertainment
ContentSutra pointed to a story in ET about Zapak acquiring Sony Online Entertainment (SOE) for $300 million. Just like Nikhil, I had my own doubts about the deal — $300 million is too small a price for a company making $150 million in revenues.
Its now reported that the rumor is bogus and is SOE has denied any such deal.
The ET story has since been taken down. Way to go ET !!
