Advertising - Thursday, April 21, 2005
Will DoubleClick Go Private?
The New York Post carries the scoop that San Francisco-based buyout firm Hellman & Friedman is nearing an agreement to buy struggling online ad firm Doubleclick for about $1.2B. The Post adds that "There is a chance that a rival bidding team of General Atlantic Partners and Cerberus Capital Management might outbid Hellman." The Post doesn't provide much detail, but it might make sense for the firm to take DoubleClick private.
Read - DoubleClick Deal (NY Post)
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Posted by: proud at June 1, 2006 09:40 PM
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