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Posted: Mon., Jun. 4, 2001, 3:18pm PT

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Denmark's Egmont closes portal

World Brief

Danish media concern Egmont is closing Egmont Online and Danish entertainment portal www.eon.dk on July 1, making 20 staff members redundant, after losses hit an estimated $12 million.

Egmont Online was conceived as giving local Internet users general access to the web. Last June it developed a niche portal focusing on film, music and games.

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