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Local.com acquires Rovion

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rvine, Calif.—Local.com, an online media company, announced the acquisition of Rovion, a wholly owned subsidiary of DigitalPost Interactive, Boston. The deal is valued at $1.5 million in cash, plus up to $7 million in cash and/or stock if certain performance criteria are met within three years following closing. Under the acquisition, Rovion will become a wholly owned subsidiary of Local.com.
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