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Denver Post: LinuxMall going public in merger deal

May 24, 2000, 11:02 (0 Talkback[s])
(Other stories by Jennifer Beauprez)

"The April stock market crash foiled plans by LinuxMall.com Inc. to sell its shares to the public, but the Internet company still found a way to tap into the stock market."

"The Aurora-based company on Tuesday struck a reverse acquisition agreement with publicly held Ebiz Enterprises Inc., a Scottsdale, Ariz., computer hardware firm that operates three Linux-related Web sites, including TheLinuxStore.com. As part of the deal, Ebiz Enterprises will buy the 60-person LinuxMall.com for about $25 million in stock and cash. The new publicly held company will be called LinuxMall.com, blend both management teams and will likely be headquartered in Aurora."

"We think this makes us undeniably the No. 1 player in our space," said LinuxMall.com's chief executive Dave Shaw, who will become the chief executive of the new company. Started seven years ago by computer programmer Mark Bolzern, LinuxMall.com is now the largest online shopping center with software and products for the Linux computer operating system."

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