DoubleClick Shareholders Approve Buyout

  • July 13, 2005
DoubleClick shareholders voted Tuesday in favor of a merger agreement that will allow an affiliate of Hellman & Friedman LLC and JMI Equity to acquire the company. Around 90 percent of voting stockholders, which represented about 58 percent of the number of shares entitled to vote, approved the deal, according to DoubleClick. Stockholders will receive $8.50 per share.
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