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Technology Stocks : INFOSEEK (GO)
GO 10.28+0.9%1:33 PM EST

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To: Batgirl who wrote (9040)4/12/1999 4:02:00 AM
From: GrokSoup  Read Replies (1) of 9343
 
Bloomberg and the WSJ are giving big play to unsurprising news: Disney is considering hiving off its Disney Online group and somehow combining it with Infoseek. The idea? Create a new, powerhouse publicly-traded Internet company.

The sole road block -- and one under negotiations -- is the stand-still agreement with Infoseek that prevents Disney from taking more than 43% before 2001.

Bloomberg article: quote.bloomberg.com

P.
groksoup.com

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