Disney Acquires Club Penguin for $350M

August 1st, 2007 in Technology / Internet

(AP) -- The Walt Disney Co. said Wednesday it has bought the popular online kids hangout Club Penguin for $350 million, adding to its portfolio a site that in less than two years has been become a rage among preteens.

---

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .

---