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Times Mirror, the $3.4 billion Los Angeles-based media company, has agreed to acquire InterZine Productions for approximately $8 million, sources said.
The Norwalk, Conn.-based InterZine, publisher of sports sites, declined to comment on the acquisition at press time. The announcement was expected to be made as soon as this week.
For Times Mirror, which has a relatively modest online publishing operation, the acquisition is a move to make up ground in the competitive field of online sports publications, currently dominated by Disney, CBS, Microsoft/NBC and Time Warner.
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