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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: jimbos who wrote (60552)9/17/1999 9:44:00 AM
From: fishweed  Respond to of 90042
 
Some news on ZD from last night!

Thursday September 16, 9:27 pm Eastern Time
ZDNet near alliance for co-branded web site -report
NEW YORK, Sept 16 (Reuters) - Online publisher ZDNet (NYSE:ZDZ - news) is on the verge of signing a major alliance to launch a co-branded Web site, according to the September 27 edition of Business Week, which cited unnamed sources.

The report did not give a timeline for the alleged alliance. ZDNET could not be reached for comment.

Citing Peter Hadden of Putnam Investments, the report also said that ZDNet could end up being acquired by a larger technology firm or Internet company.

ZDNet, spun off from technology publisher Ziff-Davis Inc. (NYSE:ZD - news) in March, hired Morgan Stanley in July to explore strategic alternatives.