COST-CUTTING FOR I-SHOP RARE MEDIUM

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(Aug. 10, 2001) -- I-shop Rare Medium has been going through a series of cost reductions, including the consolidation of some offices and staff cutbacks, said a spokesman for the company's merger partner, Motient Corp.

Rare Medium is currently in negotiations to complete the Motient merger, with a vote on the deal scheduled for September, the spokesman said.

Rare Medium officials could not be reached. -- Catharine P. Taylor

Copyright August 2001, Crain Communications Inc.

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