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PowerAgent in crisis

Published on .

David Carlick, president of the much ballyhooed start-up ad service PowerAgent, told Advertising Age that a meeting on the 15th with investors would determine whether the venture survives the week. The original group of funders, none of whom could be reached for comment, are hesitating to meet a planned third $20 million round of financing, Mr. Carlick said.

For more on this story, see the full article in INTERACTIVE.

Copyright September 1997, Crain Communications Inc.

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