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Communications - Tuesday, August 9, 2005

Skype To Remain Independent After Failed Takeover by News Corp.

Tim Draper makes news these days when he expressed his opinion that Skype is worth more as an independent than it is if it is owned by News Corp. Draper's firm DFJ owns 10% of Skype. His remarks came after Britain's Independent on Sunday reported that News Corp. had approached Skype with an offer of just under $3B.

Read - Skype Investor Says Firm Should Stay Independent - Reuters

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