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Byline: Elizabeth Goldman
May 4--Online business information company Hoover's Inc. reported a dismal quarter Thursday and announced a replacement for its longtime president and chief executive officer.
Jeffrey Tarr, formerly of the now-defunct All.com Inc., will take over on May 22 for Patrick Spain, who co-founded the company in 1990 and has served as chief executive since 1993. Spain will become executive chairman of the board and work on international expansion and new product development.
Hoover's lost $21.6 million in the quarter that ended March 31 -- $15 million more than it lost in the previous quarter. The company blamed a decline in …