Lycos has been bought by a South Korean company rumored to be Daum Communications, the firm who also tried to acquire Mail.com. Spanish newspaper Expansion reported that on July 22 the board approved the sale to an unnamed Korean company, and that the company asked for $170 million. The company reportedly receive four bids. Doug Mehus suggests that the profitable Daum Communications is trying to … [Read more...]
Lycos has been bought by a South Korean company rumored to be Daum Communications, the firm who also tried to acquire Mail.com. Spanish newspaper Expansion reported that on July 22 the board approved the sale to an unnamed Korean company, and that the company asked for $170 million. The company reportedly receive four bids. Doug [...]
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Loren Baker