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November 08, 2000

Culver City-based Protection One reported a third-quarter net loss of $23.3 million, or 18 cents per share, compared with a net loss of $41 million, or 32 cents, a year ago, including one-time items. Revenue fell to $99.6 million from $111.7 million.

Separately, the commercial and residential security company also said it had agreed to acquire the customer accounts, assets and operations of Atlanta-based PowerCall Security, a subsidiary of Southern Co. Terms were not disclosed. Protection One shares rose 6 cents to close at $1.44 on the New York Stock Exchange.

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