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BigBook Buyers
Rumors were swirling late last week that BigBook, the San Francisco-based online yellow pages directory, was about to be acquired. Sources said the lead candidate was US West Communications, Englewood, Colo., which dismissed the claim. As well, GTE, Stamford, Conn., was considered a potential buyer. Officials at BigBook did not return calls by deadline.
Spiking Stocks
Lycos, Framingham, Mass., was credited for spurring a late week surge in Internet stocks after cutting $30 million in commerce deals, which raised the search engine’s stock more than $11, to $56 a share at deadline.
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