BGN Entrepreneur

The takeover of Friends Reunited, currently facing regulatory scrutiny, has found support from an unlikely quarter, the National Archives.
The government’s official archive rarely, if ever, intervenes in competition inquiries but it has backed the proposed sale of the social networking site operator, and its valuable genealogy subsidiary, Genes Reunited, to create a bigger rival to a larger American competitor. ITV has agreed to sell Friends Reunited to Brightsolid, a web company owned by DC Thomson, the Scottish publisher.

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