IQ News: Bits

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-Superportal Yahoo!, Santa Clara, Calif., last week said it would acquire Dallas-based netcaster Broadcast.com, ending weeks of media speculation. The deal, set to close third quarter, will be made in a $5.6 billion stock swap, with options. The acquisition comes on the heels of Yahoo!’s January purchase of online community builder GeoCities. The merger of the two companies is the latest in a series of Net mega-mergers, including Home and Excite and America Online and Netscape.

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