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Inside sources are saying that the rumor which started out yesterday as a sort of pipe dream is true. Myspace is said to be purchasing photo-sharing website Photobucket for a cool $250 million.
According to an overzealous Photobucket employee, who remains unnamed, the photo site called for an all-hands staff meeting at 10 am yesterday morning to announce the news to its staff. No official announcement has been made, but we consider this a done deal. — Andrew Dobrow
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