Infoseek Corporation Announces Public Offering Of 3,000,000 Shares Of Common Stock
SUNNYVALE, Calif., February 13, 1998 -- Infoseek Corporation (Nasdaq: SEEK) today announced the public offering of 3,000,000 shares of its common stock at a price of $13.4375 per share. All of the 3,000,000 shares were sold by the Company. The shares are offered by an underwriting group managed by Merrill Lynch, Pierce, Fenner & Smith Incorporated and BT Alex. Brown Incorporated.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy the offered shares, nor shall there be any sale of the offered shares in any State in which such offer, soliciation or sale would be unlawful prior to the registration or qualification under the securities laws of any such State. Copies of the final prospectus relating to the offering may be obtained from Merrill Lynch, Pierce, Fenner & Smith Incorporated, 250 Vesey Street, New York, NY 10281 and BT Alex. Brown Incorporated, 1 South Street, Baltimore, MD 21202.
Based in Sunnyvale, California, Infoseek Corporation is a connected media company and a leading Internet search and navigation service that is designed to be every viewer's first choice on the Internet. In addition to the Infoseek Internet service, Infoseek licenses its Ultraseek Server search and navigation software to companies for their own intranet, extranet and Internet sites.