Spot Runner acquires online ad firm Weblistic

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(Credit: Spot Runner)

Internet-based ad agency Spot Runner is acquiring Weblistic, which sells online ads to local businesses, in an all-stock transaction.

Further terms of the deal were not disclosed. Los Angeles-based Spot Runner, which helps companies advertise on TV and radio, will integrate Weblistic's online marketing technology and ad campaign expertise into its services. Spot Runner received $40 million in funding in late 2006.

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