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* Bowater Inc., the largest U.S. newsprint maker, said the Justice Department won’t oppose the company’s planned purchase of Alliance Forest Products Inc. Antitrust regulators had requested more information about the purchase, which would give Greenville, S.C.-based Bowater the right to cut trees in Quebec, Canada, and access to Alliance Forest’s two Canadian pulp and paper mills and 10 sawmills.

* Victoria’s Secret, a division of Limited Inc., won $120,000 in damages from a company that chose four Internet domain names using the lingerie chain’s name. Victoria’s Cyber Secret, which has not gone online with any of the sites, said the names were chosen for planned adult entertainment sites. A federal judge in Miami decided last week that the trademarks registered by Victoria’s Secret since 1982 were entitled to protection over the Internet names bought in 1998 and never activated.

* Red Hat Inc., the top U.S. distributor of the free Linux computer operating system, reported an operating loss of $100,000, or less than 1 cent a share, matching analysts’ expectations. The company lost $20 million, or 20 cents, a year ago. Sales fell 10% to $21.1 million, and operating expenses climbed 90%. Including one-time expenses related to stock options and acquisitions, the company said its loss widened to $55.3 million, or 33 cents.

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* Adaptec Inc. named Carl J. Conti, a member of its board, chairman of the data storage systems company. Conti, a former senior vice president at IBM Corp., joined the Adaptec board in 1995.

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