Google-DoubleClick Deal Approved

By AP (via Newsweek), published on December 21, 2007 at 4:40 PM
Source: Tom's Guide US | Keywords: , | Themes: Business, The Internet
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U.S. antitrust regulators approved Google’s $3.1 billion purchase of DoubleClick Thursday, removing a key obstacle to a formidable combination in the burgeoning online advertising sector. The transaction still faces substantial antitrust scrutiny from European regulators and cannot be completed without their approval. The European Commission has set a deadline of April 2 to finish its review.

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