Web 2.0 News

CyclingTV Acquired by JumpTV
JumpTV, an online video aggregator, has acquired CyclingTV for around $4.95 million, which is broken down into $2.21 million in cash, and $2.74 million in common stock, to be issued later this year.

Source: http://mashable.com/2007/08/09/cyclingtv-jumptv/