Towse: views from the hill

August 3, 2004

What a deal!

Filed under: Uncategorized — Towse @ 6:05 pm

Korea’s Daum Communications Corp has acquired Lycos, Inc. from Terra Networks for $95.2 million.

That price is less than 0.76% of the $12.5 billion Terra paid for Lycos four years ago.

Ouch.

(via John Paczkowski at Good Morning Silicon Valley)

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