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In other news

Published on .

Royal Ahold has taken a 51% stake in struggling online grocery Peapod, infusing $73 million in stock and agreeing to supply Peapod with goods, services and fast pick fulfillment centers.

Archipelago to Fallon McElligott, Minneapolis, to help the electronic stock trading service develop an estimated $20 million to $30 million branding campaign.

Copyright April 2000, Crain Communications Inc.

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