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Advanced Telecommunications, Asiacontent.com, Bessemer Securities, CarStation.com, CFOWeb.com, eHARVEST.com, Fact City, FoodBuy.com, HelloBrain, HomeRuns.com, iBenefits, Inprise/Borland, lastminute.com, Media1st.com, NETmachines, Online Retail Partners, Resumix, SOFTBANK Venture Capital, ValueClick, ZMarket.com

 




HomeRuns.com to Receive $100 Million Majority Investment From the Cypress Group

NEW YORK and SOMERVILLE, MA-- The Cypress Group, a New York-based private equity firm, will acquire a majority interest in HomeRuns.com, an Internet-based grocery delivery service, currently a wholly-owned subsidiary of Hannaford Bros. Co. (NYSE: HRD), through a $100 million investment and recapitalization. Hannaford will retain a significant investment in HomeRuns.com. Upon close of the transaction in February, Robert J. Tarr Jr., former CEO of Harcourt General Inc. and The Neiman Marcus Group Inc., will be appointed chairman and chief executive officer of HomeRuns.com and will make a significant investment in the company.

http://www.homeruns.com




DoubleClick Makes $85 Million Strategic Investment in ValueClick

NEW YORK and CARPINTERIA, Calif. -- DoubleClick Inc. (Nasdaq: DCLK), an Internet advertising solutions company, and ValueClick Inc., a developer of performance-based Internet advertising solutions, announced that DoubleClick has invested $85 million in ValueClick in exchange for a 30% equity stake. ValueClick will receive $75 million in Doub