Social media SaaS platform Buddy Media has has sold to for $467 million in cash and $184 million in common stock, and $38 million in vested options and restricted stock units, the companies said. The deal becomes official after rumors last week emerged that it would sell for $800 million. The company was founded in 2007 and now helps almost 1000 brands and organizations manage their social media accounts. The deal is expected to close in the third quarter. [Source: and Buddy Media]