Net merger feeding frenzy heats up

Yahoo's acquisition of GeoCities is the latest in a spate of Net buyouts and mergers. The question now is: Who's next?

CNET News staff

Jan. 2, 2002 4:43 p.m. PT

Shoring up its No. 1 portal status, Yahoo acquires GeoCities and its Web communities in a stock deal. With merger mania in the portal space heightening, the guessing game begins as to what Web properties will be next to join forces in an attempt to give Yahoo a run for its money.

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audio | update The leading Web portal signs an agreement to acquire GeoCities, a maker of personal publishing tools and Web-based communities, in a stock deal worth about $3.56 billion.

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