America Online takes stake in FamilyEducation

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America Online announced April 30 that it has taken a stake in FamilyEducation Co. and entered a long-term relationship with the company, which operates the FamilyEducation Network. FEN provides free Web sites to schools aimed at providing parents and teachers with educational resources, school activities and schedules. In a four-year exclusive agreement, FEN will become an anchor tenant within AOL's Research & Learn and its Families channels

Copyright April 1998, Crain Communications Inc.

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