Wednesday, May 12 is day to remember for Lycos. First came the announcement that the planned merger between Lycos (Nasdaq: LCOS) and USA Networks unraveled like a ball of yarn after Lycos shareholders roundly rejected the deal. Then came the announcement that the two had salvaged some pre-merger work with the announcement that Ticketmaster Online – City Search — 61 % owned by USA Networks — and Lycos reached a distribution and content agreement.
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On a Memorable Day, Lycos Inks Deal with Infonautics
Posted by: Robert Conlin May 12, 1999 12:00 AMWednesday, May 12 is day to remember for Lycos. First came the announcement that the planned merger between Lycos (Nasdaq: LCOS) and USA Networks unraveled like a ball of yarn after Lycos shareholders roundly rejected the deal. Then came the announcement that the two had salvaged some pre-merger work with the announcement that Ticketmaster Online – City Search — 61 % owned by USA Networks — and Lycos reached a distribution and content agreement.