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Web.com Buying Yodle For $300M

Web.com Group is buying online ad firm Yodle for $300 million, plus another $42 million over the next two years. “The deal will add ‘higher growth revenue streams’ and is expected to increase earnings excluding items within the first year,” The Wall Street Journal reports. “Yodle’s offerings include search engine optimization, email marketing and the creation of websites and Facebook pages.”

Read the whole story at Wall Street Journal »

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