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MP3.com pulls out of planned SeeUthere.com buy
Posted by jark in Archive on February 17, 2000 at 12:00 AM Music download destination MP3.com is pulling out of its planned acquisition of Web event planner SeeUthere.com, citing the unavailability of pooling of interest accounting for the merger. Instead, MP3.com will take a "major stake" in the company for an undisclosed price. SeeUthere is expecting to raise up to $30 million from current and new investors in the coming months, the company said...
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