Thursday, April 23, 2009
Yahoo to close GeoCities, other services in revamp
Oops, that merger did not work out too well.The Associated Press: Yahoo to close GeoCities, other services in revamp: "Yahoo Inc. said Thursday it plans to close GeoCities, a Web site publishing and hosting service it bought in May 1999 at the height of the dot-com boom for around $3 billion in stock."So the next time you decide to invest $3 billion for a stock with revenues of under $20 million
Labels:
mergers and acquisitions
0 comments:
Post a Comment