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| | Terra Lycos CEO quits, joins venture capital firm - Computerworld (Site not responding. Last check: 2007-10-19) |
 | | Terra Lycos SA Chief Executive Bob Davis is gone as the company's top man and has joined a venture capital firm as a partner. |
 | | Davis had threatened to step down as chief executive of the Internet portal Terra Lycos Inc. as a result of clashes with the company's board members in Spain, and senior executives at the company had been trying to persuade him to stay, according to sources at Terra Lycos who have knowledge of the situation. |
 | | Upon completion of that deal, Terra Lycos was left with a war chest of $3 billion, and analysts expected to see Davis engage in an aggressive acquisition process in an effort to catch up with the company's biggest competitors, AOL Time Warner Inc., Yahoo Inc. and Microsoft Corp.'s MSN. |
| www.computerworld.com /printthis/2001/1,,1865-57195,00.html (554 words) |
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