America Online's Acquisition of MapQuest.com Inc. Approved by MapQuest.com Shareholders.Business Editors NEW YORK--(BUSINESS WIRE)--June 26, 2000 MapQuest.com Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : MQST) shareholders today approved the company's acquisition by America Online Inc. (NYSE NYSE See: New York Stock Exchange :AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. ) at a shareholder meeting in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Under the terms of the stock-for-stock, pooling-of-interests transaction, shareholders of MapQuest.com will receive 0.31558 shares of AOL common stock for each share of MapQuest stock. The transaction is expected to close later this week. About MapQuest.com, Inc. MapQuest.com, Inc., a leader in online, voice and wireless mapping and destination information solutions and digital mapping services, provides maps and directions to consumers anytime, anywhere. MapQuest.com licenses its technology to more than 1,400 business partners, is linked to more than 170,000 sites and is the world's leading provider of maps on the Internet. |
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