Microsoft May Buy Doubleclick?

Author
Aron Schatz
Posted
March 29, 2007
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1629

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What a stupid move for Microsoft. Take a company that everyone hates and add another company that everyone hates, you get a pile of poo.

Quote

Microsoft Corp. is in talks to buy DoubleClick Inc., the Internet advertising company owned by private-equity firm Hellman & Friedman LLC, the Wall Street Journal reported, citing unidentified people familiar with the situation. DoubleClick hired Morgan Stanley to explore its options, including a possible stock-market listing, the Journal said, citing the people, who indicated there are other potential suitors. Hellman & Friedman is seeking at least $2 billion, almost double the $1.1 billion it paid for the New York-based company in 2005, the newspaper said.

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