Today’s Deals: Media Moguls to Acquire Online Jobs Sites

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      B

• 
  
• 
  HONG KONG, July 17–chinadotcom, the
  leading pan-Asian integrated Internet company, announced it has acquired a
  majority stake in chinaholiday.com, the leading Mainland China B2B
  travel platform. chinaholiday is
  the only Web site to have the exclusive online franchise for distributing
  travel products and packages of China Travel Services, the leading
  state-owned travel agency in China. Through this investment, chinadotcom is well positioned to take
  full advantage of China’s potential to be the largest e-Commerce mar
• ket in
  the world.
• 
  
•  

  
* 
Amount:         $27.3
million

  
* 
Terms:           
cash and stock

  
* 
Premium:        n/a

  
* 
Industry:       
Advertising/Marketing

  
* 
Scorecard:      B-

• 
  
• 
  SAN FRANCISCO, July 17–The advertising technology company
  Mediaplexannounced that it has entered into a
  definitive agreement to acquire AdWare Systems, a global media
  management applications service provider. The acquisition of AdWare will allow Mediaplex to offer to agencies,
  advertisers and other partners a complete online-to-offline
  media-management solution, leveraging the latest digital technologies.
• 
  
•  

  
* 
Amount:         $190
million

  
* 
Terms:          &

nbsp;
100% stock

  
* 
Premium:        94%

  
* 
Industry:        Internet
services

  
* 
Scorecard:      C+

• 
  
• 
  LOS ANGELES, July 17–CareerPath.com announced that it has
  signed a definitive agreement to be acquired by a newly-formed company
  owned by KnightRidder.com and Tribune Company. In addition, KnightRidder.com and Tribune
  separately announced that they have signed a definitive agreement to
  acquire CareerBuilder, by $190 million for
  CareerBuilder at $8 per share in cash, a premium of 94 percent, by a newly
  formed company owned by the two chains. It is expected that CareerPath and CareerBuilder will merge to form a
  new, privately held, independent company operated under the current
  CareerBuilder management team. Under the merger agreement, KnightRidder.com
  and Tribune will acquire CareerPath in a cash for stock merger. For
  more on this agreement, see today’s
  
  Dealtracker article.
• 
  
•  

  
* 
Amount:         $8
million

  
* 
Terms:           
cash and stock

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      B+

• 
  
• 
  SEBASTIAN, Fla., July 17–eMerge Interactive, a business-to-business Value Chain Integrator serving the
  $40-billion U.S. beef-production industry, has agreed to acquire two more
  organizations to strengthen its position as the nation’s largest virtual
  cattle marketplace: Billings Livestock Commission, located in
  Billings, Montana, the oldest continuously operated livestock marketer in
  the state, and a video-auctioning pioneer, and LeMaster located in
  Gaffney, South Carolina, one of the Carolinas’ largest order-buying
  organizations with annual sales of approximately 150,000 head of cattle.
  The transactions, which consisted of approximately $8 million in stock and
  cash, complement eMerge
  Interactive’s growth strategy.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:        Financial
services

  
* 
Scorecard:      C+

• 
  
• 
  MENLO PARK, July 17–Further accelerating its asset gathering and
  revenue diversification strategy, E*TRADE Group
  announced that it has signed a letter of intent to acquire privately-held
• Electronic Investing Corporation (“eInvesting”), a San
  Francisco-based provider of personalized securities portfolios. Through the
  acquisition, E*TRADE will combine its
  powerful brand and distribution channel of over three million customers
  with eInvesting’s cutting edge dollar-denominated securities platform to
  provide customers with greater choice and value by enabling them to create
  personalized portfolios of securities via the Internet.
• 
  
•  

  
* 
Amount:         $5
million

  
* 
Terms:           
1 million shares

  
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
* 
Scorecard:      C+

• 
  
• 
  AUSTIN, July 17–Aperian, a leader in
  providing managed services and scalable bandwidth for content-intensive
  e-businesses, announced that it has signed an agreement to acquire
  OuterNet, a privately held professional services firm specializing
  in Internet and network services. Under the agreement, OuterNet will become a division of Aperian, initially operating under the
  OuterNet name. OuterNet shareholders will receive one million shares of
  Aperian stock in the transaction. With the acquisition of OuterNet, Aperian
  can offer customers an advanced level of professional services, such as
  network design, systems administration, and security auditing.
• 
  
•  

  
* 
Amount:         $6
million

  
* 
Terms:           
943,709 shares

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      A-

• 
  
• 
  NEW YORK, July 17–YouthStream Media Networks, a leading cross-media company focused on the young adult
  market, announced that it has acquired top community website
  Teen.com. The purchase price is $6 million in YouthStream common stock, valued at
  the current market price. As a result, the Company will issue 943,709
  unregistered shares to Teen.com.
• 
  
•  

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      C+

• 
  
• 
  OTTAWA, July 17–Hemera Technologies of Hull, Quebec, makers
  of the highly acclaimed Photo-Objects digital image collections, and
  Corel Corporationof Ottawa, Ontario, announced
  that Hemera has acquired GraphicCorp, a
  division of Corel, as well as Corel’s
  collection of premium and stock digital photographic images. The addition
  of the Corel digital library, which includes more than 1.5 million
  photographs, vector illustrations, floating objects and Web illustrations,
  to Hemera Technologies’ existing electronic library has moved Hemera
  Technologies into a top position among suppliers of wholly-owned,
  royalty-free digital images. Financial terms were not disclosed.
• 
  
•  

  
* 
Amount:         $450
million

  
* 
Terms:           
9.375 million shares/$20 million cash

  
* 
Premium:        n/a

  
* 
Industry:       
Speed/Bandwidth

  
* 
Scorecard:      B

• 
  
• 
  SAN FRANCISCO, July 17–Digital Island, a
  leading Global e-Business Delivery Network, announced that it has reached a
  definitive agreement to ac
• quire privately held SoftAware Networks, a
  leading Internet provider of distributed hosting, for approximately 9.375
  million shares of Digital Island
  common stock and $20 million in cash. Based on Digital Island’s closing
  price on July 14, 2000, the transaction is valued at approximately $450
  million. By adding SoftAware
  Networks’ demonstrated engineering and technical leadership in the
  deployment and management of Intel-based hosting solutions, the acquisition
  will play a key role in Digital Island’s build-out of its broadcast-scale
  streaming media network.
• 
  
•