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FindWhat.com, Espotting complete merger

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Fort Myers, Fla.--FindWhat.com, which provides performance-based marketing services, announced the completion of its merger with Espotting Media, a London-based paid listings provider. Under the terms of the merger agreement, which was completed on July 1, Espotting stockholders received 7 million shares of FindWhat.com common stock and approximately $11.5 million in cash. The combined company will provide paid search listings and performance-based marketing services around the world.
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