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News Burst: CMGi in talks to buy AltaVista

CMGi Inc. is in talks to purchase AltaVista and other Internet assets from Compaq Computer Corp. for $2bn (£1.22bn) to $3bn in stock.
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Written by ZDNet UK on

A deal could be announced as early as Thursday, according to people familiar with the situation, though talks could still break down.

Full story to follow

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