intermix

Brad Greenspan, founder of Intermix Media Inc., has sued VantagePoint Venture Partners and current Intermix executives and directors. He claims that the defendants breached their fiduciary duty in selling Intermix to News Corp. last year for $580 million - a price he believes didn't reflect the growth potential of Intermix property MySpace.com. Greenspan tried to use his remaining Intermix equity position to block the takeover, but failed. www.intermix.com