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@Home finalizes Excite merger

Published on .

@Home Network closed its acquisition of Excite May 28, paying $7.2 billion for the portal. There were no layoffs. The company will be called Excite@Home, with @Home's Tom Jermoluk retaining the title chairman-CEO. Excite CEO George Bell will become president of the newly formed company.

Copyright May 1999, Crain Communications Inc.

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