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Apollo Group Acquires Aptimus

Apollo Group Inc., a provider of educational services, has acquired Aptimus Inc., an online advertising network, for about $48 million.

Apollo Group Inc., a provider of educational services, has acquired Aptimus Inc., an online advertising network, for about $48 million.

Aptimus said it would continue to serve Internet publishers and advertising customers in other industries.

The closing of this acquisition is subject to customary conditions

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