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NEW YORK The newfound interest of traditional media companies in the fast-growing Internet sector has set off a sharp rise in merger activity, according to a new report.
Jordan, Edmiston Group, a New York merger advisory company, said the number of online media deals rose to 70 in the first three quarters of this year. The same period last year saw 61 mergers and acquisitions.
The value of Internet deals has grown even faster, with the 70 2005 deals worth $8.1
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