Thursday, December 12, 2002

Interland Gains Leadership in Mass-Market Web Solutions for Small Businesses By Signing to Acquire Trellix "The transaction consideration consists of $9.75 million in cash and stock plus warrants. In return for all the outstanding shares of the company, Trellix shareholders will receive $4.75 million in cash, three million shares of Interland stock, and a five-year option to purchase up to six million additional shares of Interland at a price of $5.00 per share. The transaction is expected to close within the next 30 days." via Dave Winer
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