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Short Take: CitySearch seals Sidewalk acquisition

Ticketmaster Online-CitySearch has completed its acquisition of MSN Sidewalk's city guides. The deal, worth $240 million in stock when it was announced in July, will increase CitySearch's reach from 33 to 77 cities. CitySearch also will power the MSN Web portal's "local" channel and will be featured on WebTV. Microsoft will take a 9 percent stake in Ticketmaster Online-CitySearch.

Ticketmaster Online-CitySearch has completed its acquisition of MSN Sidewalk's city guides. The deal, worth $240 million in stock when it was announced in July, will increase CitySearch's reach from 33 to 77 cities. CitySearch also will power the MSN Web portal's "local" channel and will be featured on WebTV. Microsoft will take a 9 percent stake in Ticketmaster Online-CitySearch.