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Taberna Realty Finance Trust, a provider of long-term subordinated debt and trust preferred securities financing, has merged with RAIT Investment Trust in a deal worth $1.2 billion. Also, The Knot, Inc., has merged with WeddingChannel.com, Inc. New York-based The Knot will pay $57.9 million in cash and issue over one million shares of its common stock in exchange for all of the capital stock and stock options of the Los Angeles-based WeddingChannel.com.
June 15, 2006 at 12:00 AM
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