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Article: SportsLine USA, Inc. Establishes SportsLine Europe Limited to Create Major Force in European Online Sports.
- Article from:
- Business Wire
- Article date:
- May 11, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--May 11, 1999--
Subsidiary formed with funding from Intel, MediaOne Ventures
and Reuters to Provide Localized European Sports Coverage
SportsLine Acquires SportsWeb from Reuters
SportsLine USA, Inc. (Nasdaq:SPLN) today announced that it has formed a new subsidiary, SportsLine Europe Limited, which will provide content, community and e-commerce to sports enthusiasts throughout Europe. SportsLine USA will own approximately 80% of SportsLine Europe, and Intel Corporation, MediaOne Ventures, a division of MediaOne Group (NYSE:UMG), and Reuters (NASDAQ:RTRSY) have acquired minority interests in the new ...