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Lipper, Merge Data, Research

Lipper has reached an agreement with and Data Broadcasting Corp. to create a Web Mutual Fund Center that will merge Lipper's data with's research. Lipper, of New York, will supply data and analysis to the center which will distribute to its network of more than 700 web sites., based in Chicago, provides investment research to institutional investors. Data Broadcasting, a provider of instantaneous market data based in Torrance, Calif., is building the infrastructure to support the new venture.