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TechWeb: VA Linux Completes Purchase Of Andover.Net

“VA Linux Systems completed its purchase of Andover.Net, which
runs a network of Internet sites with a cult-like following devoted
to the Linux operating system, such as Slashdot.org.”

Terms of the acquisition call for each share of Andover.Net
stock to be exchanged for 0.425 of a share of VA Linux Systems,
making the deal worth about $107 million.

“Both companies first saw their stock prices skyrocket after
hugely successful IPOs and then fall back to earth.”

Complete
Story

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