Inuvo buys Vertro in stock swap

  • By Business Observer Staff
  • | 4:20 p.m. October 17, 2011
  • Tampa Bay-Lakeland
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CLEARWATER -- Inuvo Inc., a technology firm focused on Internet advertising, acquired New York-based Vertro Inc. in an all-stock transaction. Inuvo will issue Vertro shareholders 1.546 shares of its stock for each share of Vertro held, a release says.

 

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