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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: BillCh who wrote (4572)	4/23/1999 1:54:00 AM
From: BillCh	Respond to of 28311

More merger activity in the cable-tv market 10% premium offered by ATT over rival bid AT&T Makes $54 Billion Unsolicited Bid For MediaOne, in Challenge to Comcast Cash and Stock Proposal Offers A Rich Premium to Existing Deal By LESLIE CAULEY, REBECCA BLUMENSTEIN and STEPHANIE N. MEHTA Staff Reporters of THE WALL STREET JOURNAL AT&T Corp., in a surprise move, made an unsolicited bid to buy MediaOne Group for about $54 billion in cash and stock, a rich premium over the all-stock bid of $48 billion offered by Comcast Corp. just a few weeks ago. Executives at Comcast and MediaOne received word of the offer only an hour before it was announced. MediaOne confirmed that it had received the bid, which AT&T made public shortly after the stock markets closed. In a terse statement, MediaOne said the bid was under review. "We have nothing to add at this time," a MediaOne spokesman said. Comcast declined to comment.

To: BillCh who wrote (4572)	4/23/1999 5:29:00 AM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 28311

Go2net is already #19 if you factor in the takeovers of GCTY, REAL and Broadcast.com. Real networks? RNWK? Can't be that, you must mean realsites.com... I'm not familiar with that one. Still, I think you agree that moving up on this list at this point (exclusive of consolidation at the top) is going to be pretty tough.