Archive for August 13th, 1998

A BAILOUT – THAT’S A STRATEGIC BENEFIT, RIGHT?

August 13, 1998

“From the standpoint of CitySearch’s IPO, the strategic benefits of the merger are even more compelling than the prospect of pursuing an independent path as a public company.”

CitySearch CEO Charles Conn, on the merger of his company with USA Networks’ interactive division, which spared him an embarrassing Wall Street debut, News.com, 13 August 1998