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Doubleclick Sells Stake In Adlink

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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.