Photobucket to be sold for just $60 million?

Photobucket to be sold for just $60 million?
TechCrunch has reported that Photobucket could sell for as low as USD 60 million.
Ontela is said to be the company interested in acquiring it from News Corp.
This company is backed by Disney supported Steamboat Ventures.
News Corp had acquired Photobucket through their MySpace subsidiary in 2007 [...]