Yahoo Closes Right Media Deal

Yahoo announced yesterday that it has closed the acquisition of Right Media that was announced in April. Yahoo had bought a 20-percent stake in the company in October 2006 for less than $45 million, and paid $650 million in cash and stock for the remaining equity interest in Right Media.

Of the remaining big-name acquisitions announced this spring, Google-DoubleClick and Microsoft-aQuantive are still awaiting regulatory approval, and the WPP-24/7 Real Media acquisition closed earlier this month.

Related reading

The word PREPARED is written on a blackboard with the UN crossed out. A hand is underlining it.
A hand holding a transparent piece of plastic or glass, with the Google logo superimposed onto it.
Simple Share Buttons