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Spanish Broadcasting System, Miami, acquired an 80% stake in LaMusica.com, a Hispanic- and music-oriented Internet site. The deal allows the company to bundle ad sales for the site with its 15 radio stations. Separately, Manny Flores and Alejandro Ruelas founded LatinWorks Marketing, an Austin, Texas, Hispanic marketing communications company. Messrs. Flores and Ruelas formerly were VP-marketing development and director-ethnic marketing, respectively, at Anheuser-Busch, St. Louis.

Copyright April 1999, Crain Communications Inc.

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