Advertisement

Also

Share

America Online Inc. said it will acquire privately held Quack.com, one of several companies that specializes in telephone access to the Internet. Terms weren’t disclosed, but Bid.com, an investor in Quack, said it received $24 million in AOL stock from its initial $1-million investment. . . . NTT Communications, a unit of Japan’s former state monopoly NTT Corp., said it completed its tender offer for U.S. Internet service provider Verio Inc. for $5.5 billion, after the U.S. government gave the go-ahead a week ago. The acquisition--one of the biggest Internet plays this year--is expected to close by the end of September.

Advertisement