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Quepasa (QPSA) says it's buying myYearbook.com for $100M to help expand the social networking...

Jul. 20, 2011 7:34 AM ETThe Meet Group, Inc. (MEET) StockMEETBy: Clark Schultz, SA News Editor
Quepasa (QPSA) says it's buying myYearbook.com for $100M to help expand the social networking site's reach beyond Brazil and Mexico. The deal pushes the firm's registered users up to 70M, but doesn't pose a huge threat to Facebook sitting on 750M registered users.

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