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---- BCE buys back Lycos shares in Sympatico


Macguru - 11:37 am on Sep 16, 2002 (gmt 0)


BCE and Lycos finally agreed on a restructuring of Sympatico(Canada's biggest portal). They annouced last friday that BCE is to buy back the 29 % of shares Lycos had in Sympatico.

Lycos aquired those shares 2 1/2 years ago in exchange for Internet content. It seems that BCE was not satisfied with the deal. They switched to Google search results in January. Now a done deal.

A little more here [canada.com].


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