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Yahoo buys Kelkoo for £320m

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Internet search giant Yahoo is paying 475m euros ($575m; £320m) in cash for price comparison service Kelkoo.
The purchase, Yahoo said, should allow it to expand its advertising and online marketing activities.
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Kelkoo serves nine European states, making money both off fees paid by sellers when users click through to their sites and off its own services.

Kelkoo will become a subsidiary of Yahoo, and the workforce of 250 people is expected to remain intact.
 
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