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Yahoo! to buy eGroups for $432 million in stock

Published on .

Yahoo! agreed to buy eGroups in an all-stock deal valued at $432 million. EGroups is an e-mail communications service for online communities. Yahoo! said it would integrate eGroups' services, which help people manage e-mail groups, across its properties, such as Yahoo! Clubs, Yahoo! Mail and Yahoo! Messenger.

Copyright June 2000, Crain Communications Inc.

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