Rare Medium arm poised to acquire sites

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Liveuniverse.com, an online community that's a subsidiary of Rare Medium Group, signed letters of intent to acquire three Web sites: music information sites MP3now.com and MP3place.net, and online greeting cards site Regards.com. The acquisitions are part of Rare Medium's plan to roll complementary services into Liveuniverse.com, said Glenn Meyers, Rare Medium Group chairman, CEO and president.

Copyright June 1999, Crain Communications Inc.

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