Spyglass sets IPO

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Web browser marketer Spyglass said it has filed with the Securities & Exchange commission for an initial public offering of 2 million shares of common stock. Offering price will be between $11 and $13 per share. Alex. Brown & Sons is managing the offer.

Business Bureaus sues over Web domain name
The Council of Better Business Bureaus has filed suit against Mark Sloo, doing business as Clark Publishing & Design, to gain permission to use the bbb.org domain name. The suit, filed in U.S. District Court in Kansas City, charges unauthorized use of the BBB trademark; Mr. Sloo had registered for bbb.com and bbb.org. Mr. Sloo's Internet access provider, Tyrell Corp., was also named in the suit. The council currently uses the cbbb.org domain but is seeking to change its domain name.

Park Communications, Ithaca, N.Y., agreed to be sold to two Southern investors for $711.4 million. Donald Tomlin and Gary Knapp of Columbia, S.C., and Lexington, Ky., respectively, will control Park, which will no longer be a publicly traded company and will be taken off the Nasdaq stock exchange. Park owns nine TV stations, 22 radio stations and 107 newspapers in 21 states.

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