DAUM COMMUNICATIONS SIGNS DEAL WITH BERTELSMANN.

Daum Communications, which runs the free Hanmail on-line service, signed a Euro 5 million stock deal with Bertelsmann, the world's largest publishing company, that will make the German company the second-largest shareholder in Daum. Under the terms of the deal, Bertelsmann Multimedia and the Gruner+Jahr, affiliates of Bertelsmann will receive one million shares in Daum Communications in return for the company's equity participation. The...