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King says Citi's naming-rights deal good business

Calling it "money well spent," Long Island congressman Peter King (R-Seaford) yesterday defended Citigroup's $400-million naming-rights contract with the Mets on the basis that it's a "justified business expenditure."

Rep. Gary Ackerman (D-Bayside) agreed, saying it's not Congress' job to "micromanage" advertising budgets of companies, even if they've received government bailout funds.

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