Also
- Share via
America Online Inc. said it will acquire privately held Quack.com, one of several companies that specializes in telephone access to the Internet. Terms weren’t disclosed, but Bid.com, an investor in Quack, said it received $24 million in AOL stock from its initial $1-million investment. . . . NTT Communications, a unit of Japan’s former state monopoly NTT Corp., said it completed its tender offer for U.S. Internet service provider Verio Inc. for $5.5 billion, after the U.S. government gave the go-ahead a week ago. The acquisition--one of the biggest Internet plays this year--is expected to close by the end of September.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.