In December 1999, seeUthere agreed to an acquisition by MP3.com of San Diego for $150.2 million in stock; however, the acquisition failed in February 2000 after the RIAA announced a lawsuit with MP3.com and unavailability of pooling of interest accounting for the merger.
In December 1999, seeUthere agreed to an acquisition by MP3.com of San Diego for $150.2 million in stock. This acquisition, though approved by both companies and due to file with California State to close, failed in February 2000 after the RIAA announced a lawsuit with MP3.com and unavailability of pooling of interest accounting for the merger.