Microsoft closes $6 billion Aquantive buy

[temi]

Microsoft has completed the largest purchase in its history, sealing its $6 billion takeover of Internet advertising firm Aquantive.
The software maker closed the deal on Friday, according to a filing Aquantive made Monday with the Securities and Exchange Commission.
In the filing, Seattle-based Aquantive said that its board has resigned, as planned, and that it has notified Nasdaq to delist its stock, with the shares now converted into the right to receive a cash payout of $66.50 per share from Microsoft. Aquantive is now a wholly owned subsidiary of Microsoft.

full story

 

[gkd_uk]

That is a good start. Yahoo next

 

[OldWelshGuy]

FANTASTIC news, about time as well. Microsoft have finally woken up to the fact that to compete with google they need to control the ADVERTISING, not the search market

 

[gkd_uk]

It will also stop Google from trying to dominate the Internet