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Doubleclick bought for $1.1bn

Discussion in 'Search Engine Optimization' started by temi, Apr 26, 2005.

  1. temi

    temi Facilitator Webmaster

    US internet advertising and marketing company Doubleclick has been bought by Hellman & Friedman, a San Francisco buyout firm, for $1.1bn (£575m).
    Hellman & Friedman will pay $8.50 for each Doubleclick share. The stock rose 17% on Thursday after news of the bid got out and closed at $8.57 on Friday.

    source/full story: news.bbc.co.uk/1/hi/business/4480265.stm

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