FTC OKs Microsoft’s aQuantive Acquisition
Jul 6, 2007 at 5:00pm ET by Chris Sherman
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.
Meanwhile, both Yahoo’s offer for Right Media and Google’s offer to purchase DoubleClick are still under antitrust review by the FTC.
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