Wikipedia

El sitio

El sitio was a Latin internet portal founded in 1997, by Roberto Vivo-Chaneton and Roberto Cibrian-Campoy. Founded in Argentina, El Sitio was considered one of the principal Spanish language internet companies of the late 1990s dot-com boom.

Company history

El Sitio went public on Nasdaq under symbol LTCO on December 10, 1999, in an IPO consisting of 8,200,000 common shares at a price of $16 per share.

During the .com bust of the 90s, El Sitio lost almost all of its market value on Nasdaq.

In 2001, El Sitio was merged with Ibero-American Media Partners II Ltd. to create Claxson Interactive Group Inc. (OTC BB: XSON)

As of late 2005, Venezuelan media group Cisneros owned 44.8% of Claxson and Dallas-based private equity fund Hicks, Muse, Tate & Furst held 35.2%.

As of 2020, the site was no longer available.

External links

This article is copied from an article on Wikipedia® - the free encyclopedia created and edited by its online user community. The text was not checked or edited by anyone on our staff. Although the vast majority of Wikipedia® encyclopedia articles provide accurate and timely information, please do not assume the accuracy of any particular article. This article is distributed under the terms of GNU Free Documentation License.

Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.