VeriSign Sells Minority Share of Mobile Entertainment Joint Venture to News CorporationNEW YORK, NY and MOUNTAIN VIEW, CA--(Marketwire - October 7, 2008) - News Corporation ( NYSE : NWS ) ( NYSE : NWS.A ) and VeriSign, Inc. ( NASDAQ : VRSN ) today announced thesale of VeriSign's minority share of the mobile entertainment joint ventureto News Corporation for approximately $200 million.
The joint venture was created when News Corporation acquired controllinginterest in VeriSign's wholly-owned Jamba subsidiary in 2007 and combinedit with the Fox Mobile Entertainment unit.
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