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BUSINESS
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.
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BUSINESS
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.
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BUSINESS
February 17, 2000 | From Bloomberg News
Paul Allen's Vulcan Ventures Inc. acquired the Sporting News from Times Mirror Co., adding the sports magazine and its Web site to the company's expanding cluster of media properties. The Sporting News, founded in 1886, is the nation's oldest sports publication. The weekly magazine, which also publishes sports-related books and seasonal preview magazines, will continue to be based in St. Louis. Terms of the sale weren't disclosed. Vulcan Ventures, Allen's Bellevue, Wash.
BUSINESS
February 17, 2000 | From Bloomberg News
Paul Allen's Vulcan Ventures Inc. acquired the Sporting News from Times Mirror Co., adding the sports magazine and its Web site to the company's expanding cluster of media properties. The Sporting News, founded in 1886, is the nation's oldest sports publication. The weekly magazine, which also publishes sports-related books and seasonal preview magazines, will continue to be based in St. Louis. Terms of the sale weren't disclosed. Vulcan Ventures, Allen's Bellevue, Wash.
BUSINESS
March 16, 1999 | LESLIE HELM, TIMES STAFF WRITER
In an effort to tie together its wide-ranging holdings in cable and Internet companies, billionaire Paul G. Allen's Vulcan Ventures will spend up to $750 million for as much as 54% of Internet portal site Go2Net, Vulcan said Monday. "Comprehensive portal services such as Go2Net delivered directly to set-top boxes will be a critical component in the future of cable," said Allen, a co-founder of Microsoft and an early investor in America Online who is estimated to be worth about $22 billion.
BUSINESS
August 5, 1999 | Reuters
Allegiance Telecom Inc. said Paul Allen's Vulcan Ventures Inc. will pay $75 million for a 2% stake in the local phone operator, with the option to increase that stake to 10%. As part of Microsoft Corp. co-founder Allen's "wired world" strategy, his investment firm Vulcan Ventures will buy 1.5 million shares of Allegiance common stock from its existing private equity investors at $50 per share.
BUSINESS
January 11, 2000 | Bloomberg News
This selling appears to be big, really big. Several Priceline.com Inc. (PCLN) investors, including billionaire Microsoft Corp. co-founder Paul Allen and money manager George Soros, are unloading shares in the company that lets consumers name a price they'll pay for airline tickets, hotel rooms and other items. Priceline.com said Monday that Allen's Vulcan Ventures had sold 2 million shares and General Atlantic Partners had sold 5 million of its shares.
BUSINESS
January 29, 1996 | Times Staff and Wire Reports
Microsoft Co-Founder Considering Time Warner Stake: Susan Pierson, a spokeswoman for Paul Allen's privately held investment vehicle Vulcan Ventures, confirmed a Wall Street Journal report that Allen had had discussions with Time Warner Inc. executives, although she said there have been no talks for three months. "Really, all that's happened is he's expressed some interest in making an investment," she said. The newspaper said Friday that Allen was seeking Seagram Cos.'
BUSINESS
March 9, 1999 | Bloomberg News
Vulcan Ventures Inc., the investment company headed by billionaire Paul Allen, is funding a new electronic commerce company that is developing a shopping service for the Internet, cable TV and other emerging media. Bellevue, Wash.-based Mercata Inc. is developing a Web site and shopping service that will let consumers shop on the Internet and cable TV for consumer electronics, home appliances, tools, watches and sporting goods.
BUSINESS
April 28, 2001 | From Bloomberg News
IMotors, the nation's first Internet-based seller of used cars, has shut down because of lack of financing. IMotors, whose backers include Microsoft Corp. co-founder Paul Allen, is "ending operations due to a lack of sufficient capital to continue to grow the business," the San Francisco-based company said in a notice on its Web site. Chief Executive Lloyd Ward, who joined the company in January after resigning as chairman and chief executive of Maytag Corp., couldn't be reached for comment.
BUSINESS
March 16, 1999 | LESLIE HELM, TIMES STAFF WRITER
In an effort to tie together its wide-ranging holdings in cable and Internet companies, billionaire Paul G. Allen's Vulcan Ventures will spend up to $750 million for as much as 54% of Internet portal site Go2Net, Vulcan said Monday. "Comprehensive portal services such as Go2Net delivered directly to set-top boxes will be a critical component in the future of cable," said Allen, a co-founder of Microsoft and an early investor in America Online who is estimated to be worth about $22 billion.
BUSINESS
August 12, 2000 | Bloomberg News
Internet computer retailer Value America Inc., whose shares have fallen 93% in the last year, filed for Chapter 11 bankruptcy protection as it closed its online store and fired 185 people. The company said it will reorganize as a business helping manufacturers, distributors and vendors fill online orders and seek payment over the Internet. Value America began business with funding from such investors as billionaire Paul Allen's Vulcan Ventures Inc. and Frederick W. Smith, chairman of FedEx Corp.
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