Mamma.com in Deal to Buy Search Firm Copernic

By Paul Kedrosky · Monday, November 29, 2004 ·

Missed this until now. Mamma.com (the firm in which Mark Cuban is a large shareholder) has reached a deal to buy search firm Copernic:

Mamma.com Inc., (the "Company"), (NASDAQ: MAMA) and Copernic Technologies Inc. is pleased to announce that the Company has signed a letter of intent ("LOI") whereby Mamma.com would acquire all of the shares of Copernic Technologies for a combination of cash and shares of Mamma.com Inc.

[Update 11/29/04] A reader has written to tell me that Mark Cuban no longer holds the Mamma.com position. Mamma culpa.

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