The Price of Admission

 Ticketmaster Online (TMCS) acquires
TicketWeb

  
* 
Amount:         $35.2
million

  
* 
Terms:           
2 million shares

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
* 
Scorecard:      B

PASADENA, May 30–Ticketmaster Online-CitySearch said it has bought privately-held TicketWeb in an all-stock deal
valued at $35.2 million, expanding the range and depth of CitySearch’s move into ticketing for
local activities and events. Ticketmaster, which operates both
the Ticketmaster.com Web site and CitySearch network of local city guides,
will issue more than 2 million shares, representing about 2 percent of its
outstanding stock, in the transaction.




 

 eMerge Interactive (EMRG) acquires Ed Edens
Farms

  
* 
Amount:         $3.3
million

  
* 
Terms:           
cash and stock

  
* 
Premium:        n/a

  
* 
Industry:        E-commerce
enablers

  
* 
Scorecard:      C+

SEBASTIAN, Fla., May 30–eMerge Interactive , a business-to-business Value Chain Integrator serving the
$40-billion U.S. beef production industry, announced that it has acquired
Ed Edens Farms of Okolona, Mississippi, a major cattle order-buying
facility in the southeastern U.S. This acquisition is another move towards
strengthening eMerge’s
leadership position as the nation’s largest virtual cattle marketplace. The
transaction consisted of a combination of stock and cash totaling $3.3
million.




 

 InterNAP (INAP) to acquire CO Space

  
* 
Amount:         $244
million

  
* 
Terms:           
8.8 million shares

  
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
* 
Scorecard:      B

SEATTLE, May 30–Internet connectivity provider InterNAP Network
Services said that it has agreed to buy CO
Space, which leases storage facilities that house Internet,
telecommunications, and data storage equipment, for about $244 million in
stock. InterNAP said the deal is
subject to a “collar” with a maximum of 8.8 million shares and a minimum of
7.2 million of its shares to be issued for CO Space.