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Lycos Europe

Telefonica’s Charges Against Lycos Dismissed; Just A Formality?

Feb 20, 2009 5:24 AM

It’s too late now, but Lycos Europe CEO Cristophe Mohn will take some solace that a Dutch court ruling effectively clears him of allegations made by major stakeholder Telefonica. As the failed portal tried in vain to sell itself last year, the Spanish telco’s LE Holding Corporation, which owned 32…

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Posted In: Legal, lycos europe, telefonica

Lycos Europe Finds A Tripod Rescuer, Three Days Before Shutdown

Feb 12, 2009 11:46 AM

Lycos Europe appears to have found a last-minute buyer for its part of the Tripod web hosting service. Six million users of the platform were due to have their websites switched off on Sunday, February 15, after Lycos Europe opted to liquidate itself following its failure to find a buyer……

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Posted In: Money, lycos europe

Lycos Europe Killing Tripod, Customers Warned To Back Up

Jan 17, 2009 7:10 AM

Lycos Europe, which is liquidating the majority of the business after failing to find a buyer, is shutting down its Tripod free web hosting business - and is warning users to back up now or face losing their websites. The failed portal e-mailed users on Saturday to say it is…

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Posted In: Technologies / Formats, E-Mail, lycos europe

Lycos Europe Sells Domain Biz For €34 Million; Danish And Shopping Portals Will Follow

Dec 15, 2008 3:25 AM

Lycos Europe, whose shareholders on Friday voted to liquidate most of the company after failing to find a buyer, is selling the first of its other remaining assets to United Internet AG, the German parent of the Sedo domain marketplace and 1&1 domain registrar. Lycos is getting a not-insubstantial €34…

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

Lycos Europe Opts For Liquidation, €50 Million Paid Back To Shareholders

Dec 12, 2008 7:44 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 returned to them on December…

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Posted In: Countries, Europe, Holland, Germany, lycos europe

Lycos Europe To Shut Down After Failing To Find Buyer

Nov 26, 2008 6:24 AM

It’s the end of the road. After putting itself on the auction block in April, Lycos Europe has finally conceded what had become increasingly clear - no-one wants to buy the ailing portal. So it confirmed Wednesday morning it will wind up its portal and its web hosting activities. It’s…

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Posted In: Countries, Europe, Holland, lycos europe

Telefonica Complains Lycos Europe Sell-Off Too Slow

Aug 8, 2008 7:05 AM

Telefonica’s (NYSE: TEF) LE Holding Corporation, the subsidiary through which it owns 32 percent of Lycos Europe, has filed an application for an inquiry in to the “policy and conduct of business” at the once-mighty portal. The complaint was made at the Amsterdam Court of Appeal’s enterprise chamber in Lycos…

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

Earnings
Earnings: Lycos Europe Freefalling En Route To Sell-Off

Aug 4, 2008 4:05 AM

Another Lycos Europe earnings update, another terrible showing. The once-mighty portal, a separate company from Lycos US, swung to a big €9.8 million loss in the half-year to June, from a €48.7 million profit a year ago, after revenues collapsed from €41.2 million to €33.3 million. Again, we have the…

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Posted In: Money, Earnings, lycos europe

Is Lycos Europe Any Closer To Finding A Buyer?

Aug 1, 2008 10:21 AM

It was back in April that Lycos Europe, after failing to reinvent the once-mighty portal for today’s web, put itself up for sale. Still no word on who might buy the network or for how much. Though Lycos issued a come-and-get-me to AOL (NYSE: TWX) and Tomorrow Focus, no actual…

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

Lycos Europe Starts Talking With Suitors In EU, US, Asia

May 29, 2008 7:14 AM

Lycos Europe, which started a strategic review this month after failing to modernise the once-mighty portal, says it has multiple interested parties on the table (but then, it would do). A statement emerged after this morning’s annual general meeting in Amsterdam: “Investors from the US, Asia and Europe have announced…

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

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

May 14, 2008 4:02 AM

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…

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Posted In: Media & Publishing, Money, M&A & Venture Capital, Mergers & Acquisitions, christopher mohn, lycos europe

Lycos Europe Puts Itself Up For Sale; Revenues Continue Decreasing

Apr 29, 2008 8:15 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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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, lycos europe

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