News Limited sells Getprice back to management team

News Limited has sold its seven year old shopping comparison site Getprice.com to the management team.

Among those participating in the purchase are chief executive  Chris Hitchen and chief operating officer Jared Oken.

No price has been disclosed.

Hitchen said in a statement: “We are delighted that News has accepted our offer. Being independent and having control of our own destiny is an exciting prospect – we have big plans for the next chapters of Getprice’s history.