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Yahoo! (YHOO) on Watch as Synacor (SYNC) Nabs Key AT&T Contract

May 5, 2016 6:39 AM EDT

Yahoo! (Nasdaq: YHOO) shares are on watch as AT&T Inc. (NYSE: T) shifted a $100 million-per-year contract over to Synacor (Nasdaq: SYNC), according to a press release issued late Wednesday. The contract calls for Synacor to host its Internet and mobile portals.

Yahoo! shares are flat in early trading.

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