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Razorfish to Buy International Integration

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Razorfish Inc., which creates Web sites for online firms, agreed to buy computer-system advisor and designer International Integration Inc. for $677 million in stock. New York-based Razorfish will pay 0.875 of its shares for each International Integration share, or about $21.88 each. Cambridge, Mass.-based International Integration had sales of $41.2 million and Razorfish had sales of $13.8 million in 1998. On Nasdaq, Razorfish shares fell $3.25 to close at $25; International Integration fell $1.38 to $19.88.

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