Stories by Jack McCarthy and Terho Uimonen

Terra to buy Lycos in $US12.5B stock deal

Aiming to create an Internet company with a global reach, Spanish ISP (Internet services provider) Terra Networks SA and US Web portal provider Lycos have announced an agreement to merge in a stock-swap deal valued at $US12.5 billion.

Terra to Buy Lycos in US$12.5B Stock Deal

Aiming to create an Internet company with a global reach, Spanish ISP (Internet services provider) Terra Networks SA and U.S. Web portal provider Lycos Inc. today announced an agreement to merge in a stock-swap deal valued at US$12.5 billion.

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