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GESCA ACQUIRES INTEREST IN WORKOPOLIS

Gesca Ltd. has acquired a 20% interest in online job site Workopolis. The financial details are unknown. Workopolis will now be owned 20% by Gesca, 40% by Bell Globemedia Interactive and 40% by Toronto Star Newspapers. Gesca previously held a 50% interest in Alliance Workopolis, the company that oversaw Quebec's French-language version of the site. Bell Globemedia held the other 50% of that operation. As a result of Gesca's acquisition, ownership of Alliance Workopolis will be combined into that of Workopolis.

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