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Venture Capital
by tj on August 12, 2005
"ValueClick, an online advertising agency, said yesterday that it had agreed to buy Fastclick for $214 million in stock to create the largest online advertising-network company.What a nice marriage - even the names are so similiar - this acquisition can't go wrong :)
Fastclick shareholders will receive 0.7928 share of ValueClick for every Fastclick share they hold, the companies said yesterday. The exchange values Fastclick shares at $10.11 each.
Fastclick will provide ValueClick with more than 9,000 Web sites reaching more than 112 million Internet users, and the combination will provide about $4 million a year in savings, the companies said."
Permalink: Valueclick buys Fastclick
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/8374
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