While Wall Street continues to take a wait-and-see approach about the potential merger of USA Networks (Nasdaq: USAI) and Lycos (Nasdaq: LCOS), USA Networks is busy adding to its e-commerce arsenal. USA Networks announced today that it has agreed to purchase the privately held Hotel Reservation Network, a leading worldwide provider of discount hotel accommodations via the Internet.
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USA Networks Adds Hotel Reservations to E-Commerce Arsenal
Posted by: Los Angeles Newsroom April 14, 1999 12:00 AMWhile Wall Street continues to take a wait-and-see approach about the potential merger of USA Networks (Nasdaq: USAI) and Lycos (Nasdaq: LCOS), USA Networks is busy adding to its e-commerce arsenal. USA Networks announced today that it has agreed to purchase the privately held Hotel Reservation Network, a leading worldwide provider of discount hotel accommodations via the Internet.