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Media Corp re-acquires previously sold assets

5th July 2012 9:13 am GMT

Following the recent liquidation of its PurpleLounge.com online gaming business, Media Corp has now re-acquired various publishing assets which the company sold earlier this year.

Media Corp said that it has resumed full ownership of a number of websites previously sold by the company including Onthebox.com and Flightcomparison.com. The company also received a cash settlement of £196,000.

“The company believes that the websites that it has reacquired have the potential to be profitable and the Board [...]

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