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Technology Stocks : INFOSEEK (GO) -- Ignore unavailable to you. Want to Upgrade?


To: joshi who wrote (8387)12/9/1998 7:03:00 PM
From: Oliver & Co  Respond to of 9343
 
<<On November 18, 1998, Infoseek completed the acquisition of Starwave Corporation, which was principally-owned by the Walt Disney Company DIS , and the sale of approximately 43% of Infoseek to Disney. Disney also purchased warrants from Infoseek enabling it to acquire a majority stake in Infoseek over time. In connection with this strategic transaction, InfoSeek plans to launch a Web portal that combines the best of Infoseek, Starwave, ESPN, ABC and Disney. Infoseek has commerce and/or content arrangements with entities that include AT&T, autobytel.com, Borders Group, Inc., CMP Media, Inc., Datek Online, Inc., Microsoft Corporation, PeopleLink, Inc., UPS, and Reuters. >>
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I guess this is the reason that MS INVESTOR FYI decided to give an alert as "INFOSEEK IN MERGER TALKS"