RARE MEDIA REPORTS 43 LAYOFFS TO SEC

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(June 13, 2001) -- In a filing today with the Securities and Exchange Commission, New York-based i-shop Rare Medium said that it had laid off a total of 43 people as part of a "continued alignment of Rare Medium's cost structure." The company is planning to merge with Motient Corp. -- Catharine P. Taylor

Copyright June 2001, Crain Communications Inc.

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