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FTC OKs Microsoft’s aQuantive Acquisition
Microsoft’s bid to acquire online marketing firm aQuantive for $6 billion has cleared an antitrust regulatory hurdle, the companies said today. The FTC-mandated waiting period to review anticompetitive fallout from large mergers has passed without additional inquiries from the FTC, clearing the companies to move forward with the deal.
A shareholder meeting is scheduled for Aug. 9; if shareholders approve the deal it will close shortly thereafter. SmartMoney’s FTC Clears Microsoft’s $6 Billion aQuantive Buyout has more.