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Short Take: CyberMalls closes down

Wholly owned CyberAmerica subsidiary CyberMalls is discontinuing operations. The Internet mall developer, incorporated in 1996, delivered lower-than-expected revenues and higher-than-expected start-up costs, according to the company. CyberAmerica will now focus on its real estate and financial consulting divisions.

Wholly owned CyberAmerica subsidiary CyberMalls is discontinuing operations. The Internet mall developer, incorporated in 1996, delivered lower-than-expected revenues and higher-than-expected start-up costs, according to the company. CyberAmerica will now focus on its real estate and financial consulting divisions.