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Short Take: DealTime raise $50 million

DealTime.com has received $50 million in third round financing. Bain Capital led the round, joined by AOL, Time Warner and Bank of America, among other investors. The New York-based comparison shopping site said it would use the money to fund business development and marketing.

Jan. 2, 2002 4:43 p.m. PT

DealTime.com has received $50 million in third round financing. Bain Capital led the round, joined by AOL, Time Warner and Bank of America, among other investors. The New York-based comparison shopping site said it would use the money to fund business development and marketing.