Lycos Europe

Lycos Europe to Liquidate, Return $66.7M to Shareholders

Authored by Mark Hefflinger on December 12, 2008 - 9:12am.

Haarlem, The Netherlands - The shareholders of Lycos Europe, the portal and Web hosting service, voted this week to liquidate the company and return $66.7 million in proceeds from asset sales to shareholders, PaidContent UK reports.

Lycos Europe Fails to Find Buyer; Will Shut Down

Authored by Mark Hefflinger on November 26, 2008 - 7:06am.

Haarlem, The Netherlands - Lycos Europe, the portal and Web hosting service, said on Wednesday that it has concluded a strategic review process and will shut down operations and seek a sale of remaining assets. The company is separate from Lycos in the U.S., and was launched as a joint venture between Telefonica's Terra and Bertelsmann.