24/7 Real Media sells Latin American operations

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New York--24/7 Real Media Inc., which provides interactive marketing, Friday announced the sale of its Latin American operations to a Brazilian entity comprising local management and local investors. Terms were not disclosed. Realmedia Latin America L.L.C retains the right to sell the company's Open AdStream ad serving technology throughout Latin America, including Hispanic-owned businesses with head offices in Miami. The Miami media group will be incorporated into Realmedia Latin America.
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