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"Ah, those bothersome impulse buys....like that time you spontaneously snapped up a social network for \u00A3175 millon, only to be found negotiating a sale for a mere \u00A315 million four years later.  \nITV remains irked by its past purchases, it seems, with the possibility that it will offload Friends Reunited at a \u00A3160 million (approx $263M) loss.  Entrepreneur Peter Dubens has put in a \u00A315 million bid for the flagging social network, which once dominated in the UK but found itself steamrolled by rivals like Facebook and Bebo.  The offer, made through Dubens' Oakley Capital, undercuts valuations from analysts who put the site's value in the \u00A320 million to \u00A340 million range. \nThe TV company denies that Dubens is the only bidder, with the Guardian reporting that \"ITV insiders maintain that several other parties are also interested and the price being suggested is very much at the bottom end of the range being discussed.\"\nWhether it's \u00A315 million, \u00A320 million or as high as \u00A340 million, it's a heck of a tumble from the heady days of 2005."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2009/07/27/friends-reunited-sale/>