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Excite@Home Corp.’s media business is performing below the company’s expectations, and it may consider selling certain media assets to raise much-needed cash, Chief Executive George Bell said Tuesday.
Meanwhile, Mr. Bell confirmed the company has had discussions with Patti S. Hart to become Excite’s new chief executive. Ms. Hart is the former chief executive of Telocity Inc., which was acquired this month by General Motors Corp.’s (GM) Hughes Electronic Corp. unit (GMH). Mr. Bell said last September he would resign as CEO when a replacement is named.
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