Ticketmaster Online (TMCS) acquires TicketWeb

   *  Amount:         $35.2 million

   *  Terms:            2 million shares

   *  Premium:        n/a

   *  Industry:        E-tailers

   *  Scorecard:      B

PASADENA, May 30--Ticketmaster Online-CitySearch said it has bought privately-held TicketWeb in an all-stock deal valued at $35.2 million, expanding the range and depth of CitySearch's move into ticketing for local activities and events. Ticketmaster, which operates both the Ticketmaster.com Web site and CitySearch network of local city guides, will issue more than 2 million shares, representing about 2 percent of its outstanding stock, in the transaction.

 

 eMerge Interactive (EMRG) acquires Ed Edens Farms

   *  Amount:         $3.3 million

   *  Terms:            cash and stock

   *  Premium:        n/a

   *  Industry:        E-commerce enablers

   *  Scorecard:      C+

SEBASTIAN, Fla., May 30--eMerge Interactive , a business-to-business Value Chain Integrator serving the $40-billion U.S. beef production industry, announced that it has acquired Ed Edens Farms of Okolona, Mississippi, a major cattle order-buying facility in the southeastern U.S. This acquisition is another move towards strengthening eMerge's leadership position as the nation's largest virtual cattle marketplace. The transaction consisted of a combination of stock and cash totaling $3.3 million.

 

 InterNAP (INAP) to acquire CO Space

   *  Amount:         $244 million

   *  Terms:            8.8 million shares

   *  Premium:        n/a

   *  Industry:        Internet services

   *  Scorecard:      B

SEATTLE, May 30--Internet connectivity provider InterNAP Network Services said that it has agreed to buy CO Space, which leases storage facilities that house Internet, telecommunications, and data storage equipment, for about $244 million in stock. InterNAP said the deal is subject to a "collar" with a maximum of 8.8 million shares and a minimum of 7.2 million of its shares to be issued for CO Space.