Business Services Industry
The Orange County Register, Calif., Business Briefs Column.
Knight Ridder/Tribune Business News, August, 1999 by The Orange County Register, Calif.
Knight Ridder/Tribune Business News
Aug. 18 -- TICKETS.COM LANDS $85 MILLION: Newport Beach-based Tickets.com Inc., which sells sports and entertainment tickets, will receive an $85 million investment from Excite@Home Corp. and Cox Interactive Media, as it prepares to sell shares.
Excite@Home, a high-speed Internet access provider, said it invested $15 million in closely held Tickets.com and will provide another $40 million after it gets regulatory approval, expected in about 30 days. Cox Interactive, a unit of closely held Cox Enterprises, will double its $15 million investment upon regulatory approval.
Tickets.com provides events ticketing and related information over the phone, at retail outlets and over the Internet. Its Web site,...
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