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Vulcan Ventures Will Net One-On-One Sports

November 29, 2000|Bloomberg News

Vulcan Ventures Inc., the company that invests for billionaire Microsoft Corp. co-founder Paul Allen, said it will acquire closely held One-On-One Sports Inc., a sports radio network, to increase its sports-related holdings.

Bellevue, Wash.-based Vulcan Ventures said One-On-One will be renamed Sporting News Radio Network. Terms of the deal weren't disclosed. The company acquired the Sporting News in February from the former Times Mirror Co.

Chicago-based One-On-One owns radio stations in Boston, Los Angeles and New York.

Vulcan Ventures invests primarily in technology companies, including hardware, software and Internet-content companies.

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