Posted: 26th Mar, 2004 By: MarkJ
UK ISP Pipex and website hosting firm Host Europe are mulling over the possibility of a merger:
In a statement released yesterday, AIM-listed internet hosting firm Host Europe said that should the talks lead to Pipex making an offer for the entire issued and to be issued share capital, it expects the offer would be in cash at or around £31.2m, representing 2.5p per share on a fully diluted basis.Its unclear exactly what this would mean for the customers, although many UK ISPs still fail to provide truly professional hosting services alongside Internet access. More @
netimperative.com .