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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: HandsOn who wrote (49626)	6/7/1999 5:55:00 PM
From: kennbill	Respond to of 90042

DIS in talks to buy SEEK. News Alert from BusinessWire via Quote.com Topic: (NYSE:DIS) Disney (Walt) Co, (NASDAQ:SEEK) Infoseek Corp, ====================================================================== Headline: Disney Enters Discussions With Infoseek Summary: BURBANK, Calif.--(BUSINESS WIRE)--June 7, 1999--The Walt Disney Company (NYSE:DIS) Monday announced that it has entered into discussions with Infoseek Corporation (NASDAQ:SEEK) with respect to a possible transaction that would result in Disney acquiring the outstanding common stock of Infoseek ... Disney and Infoseek have not reached any final determination as to whether to proceed with any such transaction, or with respect to its structure or terms. Among the alternatives under consideration is a transaction in which Disney would acquire Infoseek in exchange for a class of Disney common stock that would track the combined Internet operations of Disney and the businesses conducted by Infoseek. For the full text of the article, go to: quote.com ======================================================================