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NEW YORK As a first step in its expansion into Asia, 24/7 Real Media has agreed to purchase online sales rep company Real Media Korea in a cash and stock transaction worth $21 million.
The deal calls for the online advertising and technology company to pony up 10.7 million shares of its common stock, valued at about $16 million, and $5 million in cash for the 91.3 percent of Real Media Korea outstanding shares it does not already own.
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