Active Rain sued Move.com for failure to complete a contractual agreement to buy the network.
Rather than has out all the details here, I'll lead you to some interesting reading:
That "nosy NELA lady", Cheryl, breaks the news.
Stefan begs you to judge whether Active Rain has the "secret sauce"
Joel wonders about the catfight.
Greg suggests that those who live by the sword, die by the sword.
Kevin attempted a two minute valuation with a specific guess about Active Rain's value.
I chose sides, then guessed about who the star witness will be and why both parties got in bed.
Oh, if you're not in the real estate or technology business, you just don't care about this drama. If you are, then this will consume you for 2-3 days. Come Monday, we'll be back to approving the un-approvable loans and selling the un-marketable houses.
But...for now, a brief RE.net soap opera. We will return to our original programming tomorrow.
