America Online to Buy Netscape Communications for $4.2 Billion

Mike Gentile ([email protected])
Tue, 24 Nov 1998 06:15:22 PST

Sorry for the lack of U2 content, but this affects many people on Wire:

America Online Inc. just agreed to buy Netscape Communications Corp. for
about $4.2 billion in a stock swap and pooling of interests. Sun
Microsystems Inc. is also involved in a development deal with the
combined company.

For more info, head over to http://www.news.com

The 3 press releases can be found at: http://www.businesswire.com

I have a 12 noon teleconference and will get all of the details.

-Mike

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Mike Gentile
Producer, Multimedia Department
Bloomberg Financial Markets
[email protected]
[email protected]
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"The music in my heart I bore,
 long after it was heard no more"

                     -Wordsworth

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