Mcglen Internet Group Enters Pact With Buyer

Mcglen Internet Group Inc. said it has entered an interim operating agreement with Lan Plus Corp. to cut costs before the pending merger of the companies, which was announced in October.

Mcglen, a Tustin Internet electronic commerce company, said the companies will, to varying degrees, share such functions as purchasing, credit card processing, marketing and customer call center operations. Certain facilities also will be consolidated.

The company said the interim agreement will remain in effect until the completion of the merger or for a year after the pact takes effect.