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Public Wire

Inside The Twitter-Summize Deal

Twitter has confirmed that it is buying Summize and rolling it into the San Francisco-based companys main offering. After the rumors of the deal were reported by Josh Chandler last week, I was able to confirm that the deal was done and would be announced on time. So right on time, the two companies made a joint announcement. As indicated in the post, I promised to get some more financial details on the acquisition. Peter Kafka pegs the price at $15 million in stock and cash, though I am much mo....

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on Jul 15, 08

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