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Bloomberg to acquire BusinessWeek

Bloomberg is buying BusinessWeek in a deal that brings together a financial news service specializing in rapid-fire updates with a print publication struggling to adapt to the Internet.

Cisco to Purchase Starent for $2.9 Billion

Networking giant Cisco Systems Inc. agreed to acquire Starent Networks, a maker of infrastructure equipment used by wireless carriers, for about $2.9 billion. The technology bellwether—which has been hurt by a pullback in customer ...

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