Wednesday, March 28, 2007

Reports DoubleClick Looking at a Sale or IPO

According to reports from the Wall Street Journal, online advertising company DoubleClick is exploring a sale and is currently in active talks with Microsoft (Nasdaq: MSFT), among others. The company may also consider an IPO.

DoubleClick is majority owned by private equity firm Hellman & Friedman, which bought the company in 2005 for about $1.1 billion. Link



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