Club Penguin + $450m = Sony Club Penguin?

By Paul Kedrosky · Wednesday, May 16, 2007 ·
If Rafat's right, and he seems to have it cold, Sony buying ClubPenguin -- the kids online virtual world that has grown to 4.5m users in 2 years -- is big news:
Sony is in advanced talks to buy the two-year-old kids focused social gaming ClubPenguin, paidContent.org has learned. We have confirmed the talks from senior insiders, but have not been able to confirm the potential price. The talks are exclusive, but still ongoing and could break down, and I’m sure they could have other competitive bid from others.
Rafat says the price is $500450m, and Om says that News Corp has also been bidding.
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