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Technology & Science

Sep. 27, 2006

Midmarket Banking Steps in Where Dot-coms Declined to Tread

COLUMN - Big things seemed to be afoot last week for dot-com companies.

Big things seemed to be afoot last week for dot-com companies. Rumors swirled of impending purchases of two top Web gadgets, social-networking site Facebook and rehabilitated pirate music distributor Napster, with price estimates ranging as high as $2 billion and $250 million, respectively. Ultimately, though, it was midmarket banking that provided the week's highlights, while the only notable Web deal that materialized was an intellectual-property agreement between Warner Musi...

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