6A buys LJ, according to Om's exclusive. Simply makes sense. The leading blogging tool vendor gets a massive user base (6.5 million users combined total -- with 1.4% of 5.6M LJ's generating $25/yr); and a team with experience serving them at scale with richer community features.
Will be fascinating to see if this brings Blogspace and Journalspace together.
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Update: It's official, 6A/LJ Press Release, Mena's Mood:optimistic, Brad's Mood:Excited, Six Apart Interview and Tom Peters apparently comment spammed this post.