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BUSINESS
February 25, 2000 | Bloomberg News
Internet Capital Group Inc., an investor in electronic-commerce businesses, agreed to make its largest investment so far, buying a stake in online financing broker ECredit.com for $450 million in stock as it pushes into financial services. Internet Capital bought 33% to 85% of closely held ECredit, said Ken Fox, ICG's managing director and co-founder. ECredit, based in Dedham, Mass.
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BUSINESS
February 25, 2000 | Bloomberg News
Internet Capital Group Inc., an investor in electronic-commerce businesses, agreed to make its largest investment so far, buying a stake in online financing broker ECredit.com for $450 million in stock as it pushes into financial services. Internet Capital bought 33% to 85% of closely held ECredit, said Ken Fox, ICG's managing director and co-founder. ECredit, based in Dedham, Mass.
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NEWS
June 24, 2001 | SUSAN VAUGHN, SPECIAL TO THE TIMES
The dot-com crash and economic slowdown are causing credit and collection headaches for many businesses, as New York publicist Steven Blinn knows too well. A few months ago, he noticed that some of his accounts were growing increasingly delinquent. Worse, two dot-com clients stopped paying altogether. "When times are good, you get so busy, you may not look at collections," Blinn said. "But when times are slow, you do. And you say, 'How did things get like this?'
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