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CNN may buy Mashable, but not for $200M

8 Jun, 2012

When rumors of CNN buying Mashable first surfaced in March the purchase amount was thought to be upwards of $200 million, but now that figure is said to be much lower. Executives are said to be working on a deal with CNN, and that it’s about 80 percent likely to close. The company now generates more than 50 million monthly page views.