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Redbox buys phone trade-in company

Redbox's parent company Outerwall has bought the phone trade-in firm Gazelle for a relatively modest $18 million. The deal gives it an online counterpart to EcoATM, its kiosk-based trade-in outfit -- the hope is that it'll catch those customers who'd rather not leave home to sell an old device and diversify as dvd rentals slow. #tech


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