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
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
