Nordic Business Report-July 26, 2006-Lycos Europe considers divestment of Spray
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The European Internet portal operator Lycos Europe NV said on Tuesday (25 July) that it is evaluating a possible sale of its Swedish broadband subsidiary Spray.
"As a result of increasing buying interests from potential bidders Lycos Europe has now set up a strategic evaluation process for the Swedish entity. This evaluation process is backed by exploratory talks with potential bidders," Lycos Europe said.
Spray has 240,000 customers.
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