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Freeserve and Wanadoo to tie knot?

They've booked the church and the reception, now get ready with the confetti

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There's intense speculation this morning that Freeserve has struck a deal with French ISP Wanadoo.

Both Freeserve and Wanadoo have suspended share dealing this morning - a sure sign that something's afoot.

Elswhere, the BBC reported that both companies have booked a room in the Baltic Exchange in the City of London.

Why? Are these two separate companies going to provide a running commentary on the Queen's Speech - or are they going to announce that someone has finally taken Freeswerve off Dixons' hands.

A spokeswoman for Freeserve said the ISP was due to make a statement later today.

Both companies have been linked as possible bedfellows for some time now so the move comes as little surprise.

Two weeks ago Freeserve confirmed that it was in talks with another player which "may or may not lead to an offer being made".

But it added that it was "unlikely that any such offer would be at a substantial premium to Freeserve's share price".

With any luck, the waiting should soon be over. ®

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