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.

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