Lycos Europe N.V.

EANS-Adhoc: Lycos Europe N.V. announces the disposal of its shopping business Pangora

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10.10.2009

Haarlem / The Netherlands - LYCOS Europe N.V. ("LYCOS"; ISIN NL0000233195) today announces the disposal of its shopping business Pangora ("the Transaction").

Over the past months LYCOS, together with its advisors, has evaluated available different options for Pangora.

As a result of this review process, Pangora was sold to an affiliate of Become, Inc. The underlying Share Purchase Agreement has been signed today. The parties agreed that the purchase price will not be disclosed.

The transactions will close at the end of October.

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ots Originaltext: Lycos Europe N.V.
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Jochen Hög
Investor Relations Manager
LYCOS Europe N.V.
Tel.: +49 (0)5241-80-71244
E-Mail: jochen.hoeg@lycos-europe.com

Branche: Software
ISIN:      NL0000233195
WKN:        932728
Index:    Prime All Share, Technologie All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              Hannover / free trade
              Euronext Paris / free trade
              München / free trade



Weitere Meldungen: Lycos Europe N.V.

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