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VNU agrees to buy CMP titles in Europe

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Haarlem, The Netherlands--VNU announced Tuesday that is has reached a definitive agreement to acquire for $4 million CMP Media's titles in the United Kingdom and France. The titles, which include Information Week, Network Week, Informatiques Magazine and Computer Reseller News will be integrated into VNU's European portfolio. VNU said that "redundancies" will be "inevitable" in the reorganization, strongly implying that job cuts are imminent.
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