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Liquidation
- In November 2008, Lycos Europe announced that shareholders had called for its liquidation. Over the following months, it sold as many of its assets as possible and liquidated.
en.wikipedia.org/wiki/Lycos_Europe
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On the December 21, 2004 Lycos Europe stopped distributing the program whilst simultaneously 'turning off' the programs on computers that had downloaded it. The decision was made under heavy criticism from Internet and security experts.
Nov 26, 2008 · A once-pioneering web portal is set to meet an ignominious end after Lycos Europe failed to find a buyer. Lycos Europe began a strategic review in April but said on Wednesday that it would...
Lycos Europe was a joint venture between Lycos and the Bertelsmann transnational media corporation, but it has always been a distinct corporate entity. Although Lycos Europe remains the largest of Lycos's overseas ventures, several other Lycos subsidiaries also entered into joint venture agreements including Lycos Canada, Lycos Korea and Lycos ...
Nov 26, 2008 · The closure of Lycos Europe's portal, which includes search, online communities, and content channels, comes as it faces increased competition from Yahoo and Google and a decline in user...
- Dawn Kawamoto
- Former Staff Writer, CNET News
Nov 26, 2008 · Loss-making Lycos Europe plans to sell some of its assets and close the rest after failing to find an investor, the company said on Wednesday.
Dec 15, 2008 · Lycos Europe shareholders voted to liquidate the business at an extraordinary general meeting at a hotel in Amsterdam this morning. They also nodded through management's strategy to sell its domain registration business, shopping portal and Danish website as going concerns.
Feb 21, 2007 · Lycos Europe, the German-based internet company, is starting another push to put European internet development back on the map.