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IPG’s New Media Move
Interpublic Group of Cos. last week made its first new media investment in a content company, joining other backers in a $10 million financing of Tripod, a Williamstown, Mass.-based content and applications developer. The deal follows IPG’s acquisition last month of a minority stake in new media agency Nicholson NY.
iVillage’s Health Plan
iVillage, New York, has completed a third round of financing, raising $21.5 million from original investors including America Online, Tribune Co.,
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