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DoubleClick to be Acquired by Hellman & Friedman

The acquisition which is valued at $1.1 billion is expected to be completed in the third quarter.

DoubleClick Inc., a provider of data and technology solutions for marketers, advertising agencies and web publishers, yesterday announced that it has signed a definitive agreement to be acquired by Hellman & Friedman LLC, a San Francisco-based private equity firm. The transaction is expected to be completed in the third quarter.

Source: Wired News
 
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