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Lycos Stakes Claim to Asia With $50 Million Joint Venture
Posted by: Robert Conlin September 14, 1999 12:00 AM

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Lycos, Inc. (Nasdaq: LCOS) announced today that it has formed a $50 million (US$) joint venture with Singapore’s national telecommunications company to develop local portal sites in 10 Asian markets. The move is the latest in an aggressive international expansion plan.

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