SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
INFOSEEK CORPORATION
(a Delaware corporation)
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
45678M107
--------------
(CUSIP Number)
David K. Thompson
The Walt Disney Company
500 South Buena Vista Street
Burbank, California 91521
(818) 560-1000
(Name, address and telephone number of person
authorized to receive notices and communications)
June 7, 1999
(Date of event which requires filing of this statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this Schedule
13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4),
check the following box. [_]
Note. Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits. See
Rule 13d-7 for other parties to whom copies are to be sent.
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CUSIP No. 45678M107 SCHEDULE 13D PAGE 2 of 4 PAGES
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
- - ----------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ _ ]
2 (b) [ _ ]
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SEC USE ONLY
3
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SOURCE OF FUNDS
4
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
5 REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ _ ]
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CITIZENSHIP OR PLACE OF ORGANIZATION
6
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SOLE VOTING POWER
NUMBER OF 7
SHARES ----------------------------------------------------
BENEFICIALLY SHARED VOTING POWER
8
OWNED BY ----------------------------------------------------
EACH SOLE DISPOSITIVE POWER
9
REPORTING
----------------------------------------------------
PERSON SHARED DISPOSITVE POWER
10
WITH
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
11 PERSON
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
12 EXCLUDES CERTAIN SHARES [ _]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13
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TYPE OF REPORTING PERSON
14
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CUSIP No. 45678M107 SCHEDULE 13D PAGE 3 of 4 PAGES
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This Amendment No. 1 amends the Statement on Schedule 13D, dated
November 18, 1998, of The Walt Disney Company, a Delaware corporation
("TWDC"), and Disney Enterprises, Inc., a Delaware corporation and
wholly owned subsidiary of TWDC ("DEI"). TWDC and DEI are collectively
the Filing Persons of the Schedule 13D.
ITEM 4. PURPOSE OF TRANSACTION
Item 4 of the Schedule 13D is hereby amended and supplemented by
adding the following information:
On June 7, 1999, TWDC announced that it has entered into discussions
with Infoseek Corporation (the "Company") with respect to a possible
transaction that would result in the Filing Persons acquiring the
outstanding common stock of the Company that they do not already own.
TWDC and the Company have not reached any final determination as to
whether to proceed with any such transaction, or with respect to its
structure or terms. Among the alternatives under consideration is a
transaction in which TWDC would acquire the Company in exchange for a
class of TWDC common stock that would track the combined Internet
operations of TWDC and the businesses conducted by the Company. Any
such transaction would be subject, among other things, to the
negotiation and execution of a definitive agreement, the approval of
the boards of directors of both companies, including a majority of the
directors of the Company (excluding those directors appointed by
TWDC), and receipt of all necessary stockholder and regulatory
approvals. There can be no assurance that any definitive agreement
will be reached, that any transaction will take the form described
above or that any transaction will be consummated.
TWDC reserves the right to make or withdraw any transaction proposal
in its sole discretion at any time, taking into account its ongoing
evaluation of the Company's financial condition, business, operations
and prospects, the market price of its Common Stock, conditions in
securities markets generally, general economic and industry conditions
and other factors. TWDC reserves the right to change its plans and
intentions at any time, as it deems appropriate.
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CUSIP No. 45678M107 SCHEDULE 13D PAGE 4 of 4 PAGES
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,
complete and correct.
THE WALT DISNEY COMPANY
By: /s/ David K. Thompson
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David K. Thompson
Senior Vice President
Assistant General Counsel
DISNEY ENTERPRISES, INC.
By: /s/ David K. Thompson
---------------------------
David K. Thompson
Senior Vice President
Assistant General Counsel
Dated: June 7, 1999
