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Nokia, the world’s largest cellular phone maker, agreed to buy closely held DiscoveryCom Inc. for $220 million in stock. Huntsville, Ala.-based DiscoveryCom’s LoopMaster monitors data sent over copper cable networks, informing the service provider of communications failures and diagnosing the problem. . . . Internet sports retailer MVP.com, whose advisory board includes retired sports legends Michael Jordan and Wayne Gretzky, plans to buy PlanetOutdoors.com, an outdoor gear and apparel Web site, for undisclosed terms.

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