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Split a string

Certified Lead Developer

Hi, I have a string in DB which is: "<key>PROJECT_CODE</key><style>BOLD</style><color>#EF0010</color>"

and I want your help to split this into different variables, like after splitting the above string 

var1 will have value = PROJECT_CODE,

var2 will have value = BOLD,

var3 will have value = #EF0010

Thanks in advance!

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