April 29, 2004

Lycos for sale

Lycos for sale, 98 percent off By Frank Barnako, CBS.MarketWatch.com (April 28) - "Terra Networks has reportedly asked an investment bank to arrange the sale of Lycos.com. The asking price is said to be $200 million, 98 percent less than the $12.5 billion value of the merger with Lycos in 2000."

Posted by Gwen at April 29, 2004 03:31 AM