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Provided by Dow Jones Communications services companies fell sharply amid mixed developments on the deal front. Shares of Zoom Video Communications fell after the video-conference service agreed to buy cloud-computing concern Five9 for $14.7 billion in stock. Marketing and e-commerce company Tinuiti agreed to buy connected TV ad-buying shop Bliss Point Media, the companies said, marking the New Mountain Capital-backed company s second purchase in recent months. A blank-check company affiliated with William Ackman s Pershing Square called off a $4 billion purchase of a 10% stake in Universal Music Group. AT&T struck a deal to carry Dish Network s existing cellphone customers, including brands such as Boost Mobile, over its wireless network, bringing two erstwhile rivals closer as they each pursue more advanced 5G technology.

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