Bloggers.com is shutting down

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Most of the bloggers know this awesome site named bloggers.com!
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Its a site which bought various bloggers from various places together into a single place where they can exchange ideas, relationship etc. .
bloggers.com founded in 2003 and expanded to social writers in 2006 and got rise suddenly. Its google page rank is 6/10 and alexa ranking is 2000+.
this company announced that they are shutting down the whole network on 25 June 2013.

Sources says that the company reached beyond expectations and resource capacity so only they shutting down.
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bloggers.com CEO Park IK, announced bloggers.com for sale.

Its really a upset for bloggers like me. I was active in it from the first day i started my blog. Whoa.Cant imagine they are shutting down. I wish I could buy it but cant.
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If they shut down what happen to blogs?
nesan, proud to be in V+ Team.
(14-06-2013, 08:45 AM)nesan Wrote: If they shut down what happen to blogs?
Blogs won't get deleted bro,.. Since it holds oly the Links of the Blogs... Blogs will be hosted on blogger.com or wordpress.com
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    Bloggers.com is shutting down