Today’s Deals: EarthLink Picks Up 17,000 More Subscribers

  
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Amount:        
Undisclosed

  
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Terms:           
100% cash

  
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Premium:        n/a

  
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Industry:        ISPs/Access
providers

  
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Scorecard:      C+

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  CEDAR KNOLLS, N.J., Aug 8–EarthLink, the
  No. 2 U.S. Internet Service Provider (ISP), said it has agreed to buy IBS
  Interactive’sconsumer dial-up business of 17,000
  subscribers. Under the terms of the agreement, IBS Interactive will receive cash
  based upon final determination of the total number of subscribers who
  remain with EarthLink. The
  divestiture of IBS’ consumer dial-up business is the last piece of its
  strategic plan to concentrate entirely on its e-consulting services, as in
  July, IBS announced plans to merge with Infonauticsand First Avenue Ventures to create a new company that will be
  named Digital Fusion.
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Amount:         $384
million

  
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Terms:           
6.4 million shares

  
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Premium:        n/a

  
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Industry:        Performance
software

  
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Scorecard:      B

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  SAN FRANCISCO, Aug. 8–Critical Path, a
  global provider of business-to-business Internet messaging services,
  announced it has signed a definitive agreement to acquire PeerLogic,
  a private, San Francisco-based provider of e-business infrastructure
  software. With PeerLogic, Critical Path will be able to offer the
  mission-critical directory and integration solutions that allow business
  information to flow between any two points in the electronic economy. To
  complete the acquisition, which is anticipated to close in the third
  quarter of 2000, Critical Path will issue 6.4 million shares of its common
  stock and assume all outstanding PeerLogic options.
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