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DG Systems Completes Merger With FastChannel Network
May 31, 2006 at 5:18 PM (PT)
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DG SYSTEMS, Inc. announced today that its merger with privately-held FASTCHANNEL NETWORK, INC. was completed (see NET NEWS 5/30). The merger is valued at approximately $37.5 million, inclusive of approximately $8.5 million of FASTCHANNEL debt. The new company will be known as DG FASTCHANNEL.

