OpManager: A single console to manage your complete IT infrastructure. Click here for a 30-day free trial.
Welcome Guest | Sign In
LinuxInsider.com

Stock Watch: Takeover Speculation Fuels Freeserve ADRs

Stock Watch: Takeover Speculation Fuels Freeserve ADRs

By Nora Macaluso E-Commerce Times ECT News Network
Jun 1, 2000 12:00 AM PT

Freeserve (Nasdaq: FREE) American depositary receipts rose 6 1/2 to 78 1/2 Wednesday after the Financial Times reported that Dixons Plc is considering selling its 80 percent stake in the UK-based Internet service provider to T-Online of Germany.

The paper said electronics retailer Dixons is also considering other options for its stake. Earlier this month, Dixons hired investment bankers Goldman, Sachs & Co. to help it review alternatives for its stake in Freeserve.


Facebook Twitter LinkedIn Google+ RSS
Should humans colonize Mars?
Yes. It's human nature to explore.
Yes. Earth is running out of resources.
No. It's too impractical and risky.
No. We should focus on saving Earth.
Maybe -- but not until a round-trip is possible.