News site MSNBC has never bought a company before. Today they announced that they have acquired Newsvine - a social news site.
With Newsvine MSNBC gets a community service to leverage citizen journalism.
The terms of the deal have not been disclosed. Newsvine will continue operating independently, just as it has since launching in March of 2006.
More details in this story on MSNBC and on Newsvine.
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