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What a strange news week…

September 27, 2007

I thought the whole CAR virtual headquarters in Second Life story was strange, but weird real estate related news just keeps rolling in:

  • There’s a report that Fidelity National Financial is looking to buy fast food chain Wendy’s.
    > Huh?!?
  • ActiveRain is suing Move.com for $33M over an acquisition that fell apart right around the NAR mid-year conference in May of this year. The lawsuit alleges that the Move.com board of directors had approved the deal, that it was to be announced at NAR, and that it fell apart hours after ActiveRain handed over all their secrets.
    > Bummer for ActiveRain, but it’s always fun when Move.com is getting sued!
  • The CEO of Point2 Technologies resigned, then pled guilty to sex offense charges.
    > Scandal up in Saskatoon!

And the weeks not even over yet!

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