Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Urlman who wrote (49843)	4/12/1999 8:32:00 AM
From: Jenne	Respond to of 164684

Xoom.com Says It's in Takeover Talks After Share Sale, FT Says Bloomberg News April 12, 1999, 12:43 a.m. PT San Francisco, April 12 (Bloomberg) -- Xoom.com Inc., an online direct marketing company that offers free Internet services such as electronic mail and home pages, is in talks that may lead to it being taken over, the Financial Times reported, citing filings made by the company with regulatory authorities. The filings, made for a share offering last week, said the company was in talks with ''one party'' that could lead to a change of control, but didn't name the party. Xoom.com, which first sold shares in December, is one of a group of second- generation Internet sites focusing on electronic commerce, the FT said. Xoom.com, which sold shares worth $264 million in its offer last week, or more than the $56 million it raised at its IPO in December, said last month it would be open to being acquired if the potential purchaser offered a large enough premium.