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Joost Sells Most of Its Assets to Adconion

Tue, 11/24/2009 - 11:57am
New York Times
From our colleagues at DealBook: Joost, the struggling video Web site, said Tuesday that it was selling most of the company to the Adconion Media Group, an online advertising and marketing company, for an undisclosed amount. The acquisition ends a long sales process that at one point was thought to involve possible interest from the cable television operators like Time Warner Cable and Comcast

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