Webicy Blog

Google is expected to receive unconditional approval from European Union regulators next week for its $3.1 billion takeover of ad firm DoubleClick, people familiar with the situation said.
The approval has long been expected because the European Commission decided in January not to object formally to the transaction. The Commission, the EU’s top competition watchdog, has [...]

U.S. regulators approved Google Inc.’s $3.1 billion purchase of DoubleClick, clearing the way for a formidable combination in the burgeoning online advertising sector.
The deal still needs the approval of the European Commission, which opened an extensive investigation into the merger in November. The EC has until April 2, 2008, to make a final decision on [...]