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Pastimes : Crazy Fools Chasing Pacific Century CyberWorks Ltd -- Ignore unavailable to you. Want to Upgrade?

To: ms.smartest.person who wrote (63)	8/5/2001 8:21:07 PM
From: ms.smartest.person	Read Replies (1) \| Respond to of 102

[00-6-20] Engage Gets $75m Boost From Compaq, CMGI By Adam Creed, Newsbytes. ANDOVER, MASSACHUSETTS, U.S.A., 20 Jun 2000, 1:56 AM CST Engage Gets $75m Boost From Compaq, CMGI 06/20/00 ANDOVER, MASSACHUSETTS, U.S.A., 2000 JUN 20 (NB) -- By Adam Creed, Newsbytes. Online marketing firm, Engage Inc. [NASDAQ:ENGA], has said it will get a total of $75 million in funding from Compaq Computer Corp. [NYSE:CPQ] and its majority owner, Internet investments company CMGI Inc. [NASDAQ:CMGI]. Engage is an Internet marketing company that includes Web audience measurement company I/PRO and Internet advertising company AdKnowledge. The follow-on funding will be used to fund the expansion of Engage's operations. The deal will see Engage issue 5 million shares to CMGI and Compaq in return for investments of $50 million and $25 million. Compaq is a minority shareholder in CMGI along with Intel, Microsoft, Hong Kong's Pacific Century CyberWorks and Japan's Sumitomo Corp. Engage shares closed on the Nasdaq up $1.63 to $15.38 on Monday. Reported By Newsbytes.com, newsbytes.com 01:56 CST (20000620/WIRES ONLINE, BUSINESS/) © 2001 The Washington Post Company newsbytes.com