It’s been just under two years since internet advertising powerhouse, DoubleClick, was bought for $1.1 billion. Now, according to the WSJ (sub), it’s once again looking for a new suitor.
The New York-based company is using investment bank Morgan Stanley to help sound out its options, these people said, including a possible stock-market listing. The company is majority-owned by San Francisco private-equity firm Hellman & Friedman, which since purchasing DoubleClick in 2005 for approximately $1.1 billion, has sold off a number of divisions and reshaped the business. Hellman is seeking at least $2 billion for DoubleClick, said one person…
Microsoft is among those the company is in “active talks” with.
Hat-tip E-consultancy.
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Jay Sears Says:
March 28th, 2007 at 1:36 pm
No surprise Hellman & Friedman is flipping their investment. Can’t yet say this is a win for Microsoft, but this is a loss for Google. Talk about the world’s largest plug-in to third party served display and rich media ads (290 billion impressions/month) and I’d say Google finally missed one.
My February rant here: http://blog.contextweb.com/ad-networks/it%e2%80%99s-the-third-party-ad -serving-stupid
Jonix Says:
March 30th, 2007 at 1:14 am
If microsoft is on the road, well they could be the winner. But what about google? Aren’t they on the road too for that acquisition?