Wednesday, March 28, 2007

DoubleClick Eyeing Sell Out To Microsoft

DoubleClick, an online advertising firm, is eyeing a sell-out. The Wall Street Journal has reported that the advertising firm is in active talks with Microsoft and other potential suitors for a sell out.

They have involved Investment Banking firm Morgan Stanley to look out for probable options including a stock market listing.

Hellman & Friedman, which owns the majority of DoubleClick is seeking a price of $2 billion.


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