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The State / Technology

June 02, 1998

Redwood city-based Excite Inc. is facing two lawsuits seeking class-action status for the No. 2 Internet directory's rejection of Zapata Corp.s $1.68 billion acquisition bid, according to government filings. Excite last month rejected a $72-a-share stock offer from Zapata, a former oil company turned package maker and fish processor.

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