November 17, 1999 – Disney Stockholders Approve Whole Acquisition of Infoseek
On November 17, 1999, Disney stockholders approved the plans for The Walt Disney Company to acquire the remaining stock of Infoseek, making it a wholly-owned subsidiary. 43% of the outstanding common stock of the company had been purchased a year prior; this, combined with Disney’s acquisition of Starwave Corp., helped create the portal service GO Network, which featured search engines, email, and news. With Disney completely owning Infoseek, the company merged with Buena Vista Internet Group, and stocks for the GO.com portal began trading on the New York Stock Exchange the next day. The portal was eventually closed on March 1, 2001.
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