Lycos Europe is shutting down… Jubii (Denmark) to be acquired by Janus Friis & co. ?

It appears that Lycos Europe has failed to find a buyer… so they have taken the consequence and has sent out a press message that they will shut down and pay a bunch of money back to their shareholders.

Rumors are that Janus Friis and a couple of his usual gangmembers plan to purchase Jubii out of the bankrupt estate and keep it going… we will see what happens.


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