Rumors: CNN to buy Mashable for Ksh.16.5 billion ($200 million)

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Rumors from  SXSW …CNN to  buy Mashable for more than $200 million dollars and the announcement is expected tomorrow Tuesday. According to  in.reuters.com  :

Reuters blogger Felix Salmon has learned from an unnamed source that CNN will buy social media website Mashable for more than $200 million dollars. The source says an announcement is expected for Tuesday. (March 12, 2012)

Ok that indicated date is for Monday not Tuesday…..

What is your opinion on the topic?
Kennedy Kachwanya
Lead Blogger at Kachwanya.com
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Kennedy Kachwanya is a technology blogger interested in mobile phones both smart and dumb, mobile apps, mobile money, social media, startups ecosystem and digital Savannah. New media must not forget the strength of old tech.
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