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The Internet Infrastructure HOLDRs (IIH Quote) was one of the top performing exchange-traded funds Wednesday, courtesy of rising holdings VeriSign (VRSN Quote) and Openwave Systems (OPWV Quote).
VeriSign was rising 5% after CEO Stratton Sclavos abruptly resigned after 12 years of holding the position.
Meanwhile, rumors of takeover bids pushed Openwave Systems higher by 5%. Rival InfoSpace (INSP Quote) was gaining after word that Spanish company LaNetro Zed may acquire the company for $1 billion. ...
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