Re: Yahoo to Buy Egroups in Stock Deal

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So one of the various interesting things about this is that Egroups
recently started to use the Open Directory taxonomy as a classification
system to organise their groups. When I created a new group recently I
had to browse through the Open Directory hierarchy to find which section
my list was most suited to; this is a nice trick as it allows hookups to
their Internet directory. Now that Yahoo have taken over, I'm curious to
see how they deal with this bit of the service (since Open Directory was
designed as a Yahoo killer...). Maybe Yahoo'll see some value in
publishing a crosswalk from their category scheme to ODs... If those two
could get their s**t together on the taxonomy front there'd be something
of an incentive eg for browsers to off classification of bookmark
folders etc based around a common hierarchy, which would be rather neat
for bookmark sharing apps...

Hmmm, linked from the news article page below (at Yahoo no
less) addresses the OD vs Yahoo thing...

 Battle of the Directories: Yahoo vs. the ODP
 METAGUIDE By Andrew Goodman - June 17, 2000
 http://www.traffick.com/story/06-2000-yahoovdmoz.asp

Concludes: In my opinion, the test drive shows Yahoo! to be slightly
superior. (though it seems a reasonably balanced comparison...)

Dan



On Wed, 28 Jun 2000, Gerald Oskoboiny wrote:

> $428 mil... I shoulda started something like Egroups years ago. :(
> Dead simple except maybe for the scaling issues.
>
> http://dailynews.yahoo.com/h/nm/20000628/wr/tech_egroups_dc_2.html
>
> > Tech Headlines
> > Wednesday June 28 6:49 PM ET
> >
> > Yahoo to Buy Egroups in Stock Deal
> >
> > SANTA CLARA, Calif. (Reuters) - Yahoo Inc. (NasdaqNM:YHOO - news)
> > said Wednesday it would buy e-mail group communication services
> > firm eGroups Inc. in a deal valued at about $428 million,
> > enabling the Internet firm to integrate group email services
> > throughout its network of properties.
> >
> > Under the terms of the acquisition agreement, Yahoo will issue
> > about 3.4 million shares of its stock in exchange for all
> > outstanding eGroups shares, options, and warrants.
> >
> > Based on Yahoo's closing stock price Tuesday of 125-15/16, the
> > deal was valued at $428 million.
> >
> > Yahoo! expects to record a one-time charge during the third
> > quarter of 2000 relating to expenses incurred in connection with
> > the deal. The acquisition, which is subject to the approval of
> > eGroups' stockholders and regulatory approval, will be accounted
> > for as a pooling of interests and is expected to be completed in
> > the third quarter.
> >
> > EGroups, which is a email group communications platform on the
> > Internet, has 17 million members who have created more than
> > 800,000 active email groups. Its services will be integrated into
> > Yahoo's offerings, which include Yahoo Mail, Yahoo Messenger and
> > Yahoo Clubs.
> >
> > San Francisco-based eGroups had filed for an initial public
> > offering in March, but had not yet completed its IPO.
>
> related notes:
>
>     http://impressive.net/people/gerald/2000/03/list-hosting/
>
> --
> Gerald Oskoboiny <[email protected]>
> http://impressive.net/people/gerald/
>
>

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