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Friday March 31, 2000

Jerusalem start-up firm sold for $470 million

JERUSALEM (JPS) -- In one of the largest-ever acquisitions of an Israeli company by an overseas firm, the Pennsylvania-based Ver
Earlier this month, VerticalNet said it will acquire Tradeum, which was founded two years ago, by issuing 2 million new shares t

VerticalNet concentrates on the B2B segment of the Internet. The company, founded in 1995, operates 55 Web sites in an array of industries.

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