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Web.com buys Register.com |
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JACKSONVILLE (Florida) - WEB.COM Group Inc, which does online marketing for small businesses, said Thursday it has agreed to acquire privately held Register.com for US$135 million (S$187 million). Web.com said it will pay US$20 million in cash, and finance the rest with proceeds from a new US$110 million term loan and a US$5 million seller note.
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