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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (10164)6/15/1999 1:00:00 PM
From: Daniel King  Read Replies (2) | Respond to of 19700
 
CMGI to offer holders shrs in cos it takes public.

NEW YORK, June 15 (Reuters) - Internet business developer CMGI Inc. (Nasdaq:CMGI) said Tuesday it planned to offer its stockholders shares in the companies it takes public. The program will begin with the initial public offering of CMGI's Engage Technologies subsidiary, the Andover, Mass., venture capital fund said in a statement. Individual CMGI shareholders who own at least 100 shares of CMGI Common Stock at the close of business on June 15, and who meet certain eligibility requirements, will be offered Engage stock at the initial public offering price.