Google DoubleClick deal closed

Well, I don't post news on my blog, as I have shared the news I am reading via Google reader...However, I am making an exception this time...

The LONG waited Google-Click deal is finally there...It took 11 months! 11 months...The world has changed several times over, including the super-'hip' Google stock. It shot up to 747 and came back down to 400-ish, and trading at 430 right now, up 4% since the announcement. Even oil price has changed too, it went up $1 per gallon during this time, I am seeing over $4.00 per gallon every where in California. Just think that it was $0.99 when I came to the states 12 years ago!! 
  
And, finally, the deal is closed, congratulations! To everybody has been waiting patiently or impatiently for this to happen, including me!

The following is from Yahoo! news

Google closes DoubleClick deal

MOUNTAIN VIEW, Calif. - Google Inc. says it has taken control of online ad service DoubleClick Inc., completing a deal that the Internet search leader announced 11 months ago.

The Mountain View-based company closed the acquisition Tuesday, just a few hours after European antitrust regulators approved the transaction over the objections of Microsoft Corp. and other companies. Those critics had argued the addition of DoubleClick will give Google too much control of online advertising prices.

U.S. regulators approved Google's purchase in December.

Google makes most of its money selling text-based ads on the Internet. The company is counting on DoubleClick to help sell more dynamic advertising.

 
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