Posted: May 9th, 2008, 7:39pm CEST
Report: Rumored Google, News Corp. bids make Blinkx shares soar May 9th, 2008 Reuters is reporting that shares of Blinkx, a publicly traded video search site based in the U.K., climbed 50 percent on Friday following rumors that corporate giants Google and News Corp. may be vying for an acquisition. On Friday morning, Blinkx shares were trading at 36.75 pence, their highest value since September. That puts the company’s valuation at 102 million pounds, which is equivalent to $199.2 million