A Hole in One

By Richard Black | June 09, 2000
Page 1 of 5

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Asia.com + Huelink, e4L, eWonders + BuyItNow.com, pcWonders.com, EarthLink + OneMain.com, Inktomi + Ultraseek, Quokka Sports + Golf.com, Xchange + CustomerAnalytics

Quokka Sports (QKKA) acquires Golf.com stake
* Amount: $20 million
* Terms: 3.9 million shares
* Premium: n/a
* Industry: Content/Communities
* Scorecard: B+
SAN FRANCISCO, June 8--Quokka Sports , a leading provider of sports entertainment for the digital world, announced it has signed a definitive agreement to acquire a controlling interest in Golf.com L.L.C., a leading golf Internet property. Under the terms of the agreement, Quokka Sports will issue approximately 3.9 million shares of common stock in exchange for 71% of the ownership interest of the privately held Golf.com. NBC Sports will retain its 29% ownership of Golf.com.

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EarthLink (ELNK) to acquire OneMain.com (ONEM)