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Tiscali continues to offload online assets

20 May 2005

Tiscali is continuing its exit from non-core operations with the sale of its Excite Italia internet portal to US-based Ask Jeeves for EUR6.1 million in cash. The divestiture of Excite is part of the company’s plans to focus all of its European online activities under the Tiscali brand.

Italy, Tiscali (incl. Linkem)

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