Yahoo Acquires Ad Firm and D.C. News Chief, While Considering Sale
The company may sell a minority stake
In the midst of exploring a sale, Yahoo has still found time to make acquisitions and continue to build its news site.
Yesterday, the company announced that it’s buying advertising and technology firm Interclick for about $270 million. Under the terms of the deal, Yahoo will commence an all cash tender offer for outstanding shares of Interclick at $9 each. The companies said that they expect the tender offer to close by early 2012, subject to customary terms and conditions.
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