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Jeff Henry, director of ITV Consumer, said: "The acquisition of Friends Reunited is also a key step in the delivery of our strategy to drive new revenue streams for the company." Michael Murphy, chief executive of Friends Reunited, said: "When ITV approached us we immediately clicked." He added: "By joining with them, Friends Reunited gets access to a vast audience so we can connect even more people even more of the time." ITV shares rose ½ to 109¼p.