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Shares of the Waltham, Mass., Internet concern were off 25 7/8, or 20%, at 101 3/8 on news of Lycos' (LCOS Quote) planned merger with USA Networks (USAI Quote) in a deal that also involves USA unit Ticketmaster Online-Citysearch (TMCS Quote). USA was up 5 9/16, or 15%, at 43 1/2, making it the lone stock in the deal to advance. Ticketmaster slid 10 1/16, or 18%, to 47 11/16.
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Lycos Shareholders Go Searching for a Better Deal
Internet shareholders sure don't Lycos what they see today.
| See Also |  |
| News Analysis: USA Networks Uses Innovation in Programming -- and Accounting | |
| And | |
| USA/Lycos Deal: Big Picture or Small Screen? |
Investors are troubled for several reasons. ...
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