AltaVista Completes Acquisition of Raging Bull

Posted on February 4, 2000

AltaVista Company, a new media and commerce network, has announced its acquisition completion of Raging Bull, an investor and financial community. AltaVista has acquired Raging Bull through a stock-for-stock exchange of the privately held shares of each company.

Raging Bull will become the flagship AltaVista finance center as well as build community and message boards across the AltaVista Network. Daily page views reported in January on Raging Bull have doubled to more than 12 million since November, based on company data.

``Raging Bull commands one of the most loyal communities on the Internet and some of the best financial content and investor insight available anywhere,'' said Rod Schrock, president and CEO of AltaVista Company. ``With the world-class talent and Raging Bull brand on our team, the AltaVista Network is now in a strong position to create the premier finance destination on the Internet.''

``Raging Bull and AltaVista share a commitment to provide a world-class user experience for financial content, community and discussion on the Internet,'' said Stephen Killeen, president and CEO of Raging Bull. ``By combining Raging Bull's strength as a trusted community resource for financial information with AltaVista's powerful brand and global reach, we are poised to create the premier destination for people who are passionate about personal finance.''