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This morning, Akamai Technologies announced it has reached an agreement to buy InterVu (Nasdaq: ITVU) for $2.8 billion in stock. Each share of InterVu will be exchanged for 0.5957 shares of Akamai. InterVu's technology allows companies to broadcast video and audio content over the Web.

Click on the "news" link at the top of this page near the stock's symbol to read the company's press release.

Keep Foolish and prosper,


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