Robert Andrews
Dec 12, 2008 8:23 AM
Lycos Europe shareholders voted to liquidate the business at an extraordinary general meeting at a hotel in Amsterdam this morning. They also nodded through management’s strategy to sell its domain registration business, shopping portal and Danish website as going concerns. Shareholders will get €50 million ($66.72 million) returned to them…
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Countries, Europe, Germany, lycos europe
Robert Andrews
Nov 4, 2008 2:51 AM
This one slipped through the cracks amid our crazy conference week last week… Lycos Europe has recorded another big loss, and there is no buyer in sight for the ailing portal. The site lost €17.1 million ($21.5 million) in the nine months to September 30; that’s against a €44.1 million…
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Money, Earnings, lycos europe
Robert Andrews
May 27, 2008 3:26 AM
On-the-block Lycos Europe, touting itself for sale after failing to modernise the once-mighty portal, has approached AOL (NYSE: TWX), German web group United Internet and German online publisher Tomorrow Focus for a possible sale, FT Deutschland reports, citing someone close to the process. Despite fluttering its eyelashes, so far no-one…
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Countries, Europe, Germany, lycos europe
Rafat Ali
Apr 29, 2008 8:05 AM
Not that anyone cares about it, but Lycos Europe, the independent Euroepan portal, has put itself up for sale, and has appointed Dresdner Kleinwort as its advisor. Its reasoning and hopes: “In light of the current consolidation of this industry sector…a strategic review to evaluate its options, which may include,…
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Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Europe, lycos europe
Robert Andrews
Feb 26, 2008 4:39 AM
In yet another brutally embarrassing earnings report, one-time super portal Lycos Europe’s annual 2007 losses quadrupled from 4.6 million euros ($3.4 million) to 18.2 million euros ($26.9 million) on an EBITDA basis. Revenue fell seven percent, too, from 82.4 million euros ($122.1 million) to 76.7 million euros (£57.8 million). Q4…
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Money, Earnings, Countries, Europe, lycos europe
Robert Andrews
Nov 12, 2007 5:36 PM
Lycos Europe has sold its eight percent stake in France’s Best Of Media to Alter Finance Capital for about $2.5 million. Best Of Media is the online publisher behind the 11-year-old Tom’s Hardware tech reviews site, its spin-offs and others in French. (Via release). Best Of Media merged Tom’s Hardware…
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Countries, Europe, alter finance capital, bestofmedia group, lycos europe
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