Yahoo! Announces Agreement to Acquire BlueLithium
Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today announced that it has entered into a definitive agreement to acquire BlueLithium, one of the largest and fastest growing online global ad networks that offers an array of direct response products and capabilities for advertisers and publishers. Under the terms of the agreement, Yahoo! will acquire BlueLithium for approximately $300 million in cash.
Source: http://yhoo.client.shareholder.com/press/releasedetail.cfm?ReleaseID=262635
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