Board Of Directors At Newsedge Changes Its Plans With Rowecom
ORGANIZATION & MANAGEMENT
BURLINGTON, MA--Newsedge has terminated its plan to acquire Rowecom, and one of Newsedge’s founders resigned from the company last week. This news coincided with an announcement from Newsedge regarding e-commerce capabilities, adding news content value to customers’ existing external websites.
The Rowecom acquisition, sources at Newsedge say, was terminated because of changes in market conditions. However, the companies will move forward with a partnership that will enable them to provide their
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