Wednesday, December 22, 2010

Fox Mobile Group Sold By News Corp.

Beverly Hills- and Berlin, Germany-based Fox Mobile Group, which offers mobile content distribution and mobile entertainment products, has been sold to Jesta Group, Jesta said Wednesday. Financial terms of the deal were not disclosed. Jesta said Fox Mobile Group will become part of Jesta Mobile Holdings. FMG operates the Jamba, Jamster, Mobizzo, iLove, and Bitbop consumer services. The firms said that Allen & Company advised News Corp. on the sale.

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