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Disney to Take Over, Take Public, Go.com
Posted by: Mary Hillebrand July 12, 1999 12:00 AM

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The Walt Disney Co. (NYSE: DIS) announced Monday a plan to merge its Buena Vista Internet Group with GO.com partner Infoseek Corp. (Nasdaq: SEEK) and take GO.com public. If approved by Infoseek and Disney stockholders, the agreement will yield Infoseek holders 1.15 shares of GO.com for each of their Infoseek shares. Disney hopes the new stock will trade on the New York Stock Exchange under the ticker symbol GO.

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