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Axel Springer In Online Advertising Landgrab

The German news publisher and ad company recently-formed Axel Springer Digital Classifieds joint venture is acquiring, the operator of 16-year-old, a network of 337 local news and information sitelets underpinned by several categories of classified ads. t will gain a large local network through which to pipe’s existing ads as well as those from Springer’s other sites.

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