Lycos and Spanish phone giant are seen in a $12 billion deal

Article Abstract:

Spain's Telefonica has agreed to acquire Lycos, a U.S. Internet portal. In the acquisition, Lycos would be grouped with Terra Networks, the Internet branch of Telefonica, as well as partnered with Bertelsmann, the German telecommunications conglomerate. This merger is going to link Spain and Europe as a whole to the opportunities in North America.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

New deal is reshaping European telecommunications; 2 companies play in 2-company league

Article Abstract:

France Telecom's acquisition of Orange PLC from Vodafone AirTouch puts France Telecom into competition with giant companies like Vodafone, as part of its strategy to become a leading European firm and a global entity. France Telecom will combine its its wireless units Orange, and the combined wireless firm will be called Orange and be run from London by Hans Snook.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

HotJobs.com tells suitor to surpass a rival bid from Yahoo

Article Abstract:

Playing suitor aginst suitor, HotJobs.com tells TMP Worldwide to surpass a higher bid from Yahoo. Yahoo offered $436 million for the Internet's second-largest career site in an unsolicited takeover bid and HotJobs is giving TMP Worldwide 72 hours to decide.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: