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Lala, an online music service, certainly has had many advantages. The team is top-notch, with veterans from companies like Yahoo! (YHOO), eBay (EBAY) and Blogger. They also have had the benefit of learning from the many failed companies in the music space. Oh, and Lala was able to raise a substantial amount of money.
But, somehow this was not enough. If anything, Lala continued to languish and as a result, agreed to sell out to Apple (AAPL). The terms of the deal were not disclosed.
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