Lycos to Buy Gamesville.Com

Lycos Inc., New York, plans to buy privately held Gamesville.com, the second most popular online games site, for $207 million in stock.

Lycos said in a news wire report that it plans to fold the site into its network.

The deal comes a day after Electronic Arts Inc., a maker of video game software, agreed to pay America Online Inc., $81 million to become its exclusive supplier of online games.

Gamesville.com, located at www.gamesville.com, has 2.2 million members who compete with other players in electronic games such as cards, bingo and sports or showbiz trivia over the Internet.