On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

650 AM Hibbing, Minnesota

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
56° Feels Like: 56°
Wind: W 10 mph Past 24 hrs - Precip: 0.12”
Current Radar for Zip

Tonight

Partly Cloudy 32°

Tomorrow

Sunny 66°

Sun Night

Showers Late 38°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Autonomy sells remaining stake in video website Blinkx

LONDON (Reuters) - Software company Autonomy, owned by U.S. computer maker Hewlett-Packard Co., said on Tuesday it sold its remaining stake in video search engine group Blinkx Plc.

Autonomy said it sold 45.7 million Blinkx shares at a price of 120 pence per share, in a deal valued at 54.84 million pounds ($84.48 million)

The sale, which was at a 5 percent discount to Blinx's closing price on Tuesday, was carried out via an accelerated offering to institutional investors, run by Goldman Sachs. ($1 = 0.6492 British pounds)

(Reporting by Kylie MacLellan, Clare Hutchison; Editing by Dan Grebler)

Comments