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Lycos Europe To US: Don’t Worry About The Numbers, Just Buy Us

Lycos Europe, which last month put itself up for sale after failing to offer a compelling website for several years, is hoping a US company will make an offer. In a come-and-get-me pitch, CEO Christopher Mohn told FT.com the portal “could have made a much more aggressive play” had it been backed by US shareholders: “A typical US shareholder would look much more aggressively at the upside. European funding is much more risk-averse. In the US you have the feeling that when people believe in an idea and a strategy they don’t mind so much about the numbers.” More here on PC:UK.

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May 14, 2008 6:11 AM ET

Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Europe, lycos europe

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