RealTime IT News

Today's Deals: GlobalNetFinancial, Telescan End Talks

AudioMonster Online + Lockwave, GlobalNetFinancial.com + Telescan, NetNation Communications + American Digital Network, Predictive Systems + Synet Service, RMI.NET + LanMinds, Sonicport.com + US Dataworks

 GlobalNetFinancial.com (GLBN) and Telescan (TSCN) end merger talks


   *  Amount:         Undisclosed


   *  Terms:            n/a

   *  Premium:        n/a


   *  Industry:        Financial services


   *  Scorecard:      n/a


    SANTA MONICA, Sept. 26--GlobalNetFinancial.com and Telescan announced they have terminated their proposed merger transaction. A joint statement said, "Both GlobalNetFinancial and Telescan possess core strengths that will enable each company to separately pursue its respective growth strategies, which we have mutually agreed is in the best interests of our respective companies and shareholders."



 Predictive Systems (PRDS) to acquire Synet Service