Doubleclick Sells Stake In Adlink

DoubleClick said last week that it has sold its 15 percent stake, or about 3.9 million shares, in AdLink Internet Media AG for about $9.5 million to the German online ad network’s majority shareholder, United Internet AG. The New York-based company said the asset was not a strategic fit for its core technology and data solutions business. As a result of the sale, DoubleClick said it expected to record a non-operating gain of about $7.4 million.