Peter Lynch, vice-chairman of Fidelity Management & Research of Boston, might not tell investors to put all of their money in one basket, but Fidelity Investments is doing just that with its television advertising dollars.

Fidelity has struck a deal with CBS Corp. of New York that will direct all of its television advertising to that network, according to Fidelity. As part of the deal, Fidelity will sponsor television, radio and Internet programming for a range of CBS media companies.

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