Provider of Student-Portal Services for Colleges Plans to Close

Mascot Network, a company that provides student-portal services to dozens of colleges, sent a surprise e-mail message to its customers early this month: The company was going out of business and the portal service was being shut down.

The news irritated some university officials who had invested faith and time, if not money, in the portal service, which was something like an online bulletin board for campus events. Students could also see pictures of peers and get e-mail addresses

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