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Seven Network swallows Engin

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http://www.itwire.com – Seven Network has succeeded in its attempt to acquire 100 percent of its majority owned VoIP and Internet service provider Engin (ASX: ENG) with 85 percent of minority shareholders - comfortably ahead of the 75 percent needed - voting at an EGM in favour of its $0.90 percent offer for their shares. (IT news)