Yahoo! to buy Geocities in stock deal

Article Abstract:

Geocities has agreed to be acquired by Yahoo! for $3.56 billion in stock. Industry analysts, who have observed a new wave of consolidation in the online industry, believe that the merger will create a much more powerful presence for Yahoo! on the World Wide Web. Yahoo!, which is widel-regarded as one of the most important Internet portal sites, has been trailed by second-place America Online Inc. and third-place Geocities.

Market share, Internet, America Online Inc., AOL, World Wide Web, GeoCities, GCTY

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Yahoo's may win HotJobs bid

Article Abstract:

Yahoo Inc.'s unsolicited takeover offer for HotJobs.com Ltd. will be accepted by the latter. HotJobs said it would accept the $436 million (497.2 million euros) bid as long as TMP Worldwide Inc. does not increase its own bid.

HotJobs.com Ltd.

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GoIndustry.com acquires Karner

Article Abstract:

GoIndustry.com has purchased Karner and Co. in an effort to enhance its presence in the European marketplace. Karner was acquired for an undisclosed amount.

Author: Boudette, Neal E.
GoIndustry.com Inc., Karner and Co.

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Subjects list: United States, Mergers, acquisitions and divestments, Online services, Internet services, Yahoo! Inc., YHOO
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