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Times Staff and Wire Reports

Pasadena-based Ameron International Corp. said it acquired the maintenance coatings business of Minneapolis-based Valspar Corp., which in turn acquired Ameron’s product finishes business, for undisclosed terms. . . . Scotts Valley-based Seagate Technology Inc. said it invested $14 million for about a 3% stake in WebTV Networks Inc., which provides Internet service through television sets.

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