Serious takeover speculation on CBS Marketwatch today.....
cbs.marketwatch.com yhoo&dist=yhoo
At a New York City road show for
Telefonica S.A.'s Terra Networks S.A. Internet
offering, CEO Juan Perea Saenz de Buruaga was
blunt about the Spanish company's strategy.
Investors who saw the Terra Networks (TRRA:
news, msgs) presentation said Perea clearly is
willing to buy Spanish-language Web sites to
broaden his company's appeal to Hispanic
Americans. Terra is a leading provider of Internet
access and Web services -- in Spanish and
Portuguese -- in Spain, Brazil, Mexico, Peru, Chile
and Guatemala and Argentina.
.......for your info there are only TWO Spanish language sites that are publically traded...Starmedia STRM, value 2 billion
$, and Qeupasa.com PASA, value 100 million $.....this makes PASA an easy aquisition target, and an easy way to
acquire 120,000 registered users and growing 128% per QUARTER.....
Also, in a previous interview with CNN , the CEO of PASA said last month that he was interested in a "strategic
merger"... |
