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SendTec Sold to Theglobe.com

DM News: Theglobe.com Buys DM Shop SendTec

Theglobe.com, once an internet high-flyer, bought online direct marketing agency SendTec for $6 million in cash and stock worth about $14 million more. Other goodies are in store for SendTec owners if the shop continues to perform well. Theglobe.com, owns an increasingly eclectic mix of technology and media properties. SendTec operates out of Florida.

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