InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,573.34
(
0.11%
)
US TECH 100
19,833.60
(
-0.06%
)
Dow Jones
39,539.24
(
0.41%
)
Brent Oil
86.02
(
-0.57%
)
Bitcoin
56,145.83
(
0.54%
)
Post# of 626
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

cksla

Send PM Follow Ignore
Followers 19
Posts 4455
Boards Moderated 0
Alias Born 03/27/2001

cksla

Member Level

Re: cksla post# 317

Tuesday, 08/20/2002 6:10:51 PM

Tuesday, August 20, 2002 6:10:51 PM

Post# of 626
June 2, 1999 America Online to Acquire Internet Music Companies Spinner Networks and Nullsoft Inc. for $400 Million in Stock
America Online has made its first move into the expanding digital music world by acquiring two Internet music companies, Spinner Networks and Nullsoft for $400 million in stock. Spinner, which is based in San Francisco, runs a popular music station that functions as an Internet radio station. AOL will pay a total of approximately $400 million in stock to acquire the two companies; however, it would not disclose how much it would pay for each company. Insiders see the deal as a response to their rival Yahoo! Inc., who acquired Broadcast.com for $5.7 billion in stock in April.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up