Google: bid higher
Google/GOOG is bid higher by ~$13/share (to ~$710) in pre-opening trades; the most likely reason is this tidbit of speculation from TheDeal.com...
"The FTC is poised to approve Web omnipresence Google's $3.1 bln acquisition of online ad provider DoubleClick/DCLK, without any conditions, according to a lawyer involved in the merger review. The approval is expected as early as next week, the lawyer said, with the deal likely to close soon afterward."
Full Fisclosure: Long the shares of Google/GOOG
-- David M Gordon / The Deipnosophist
"The FTC is poised to approve Web omnipresence Google's $3.1 bln acquisition of online ad provider DoubleClick/DCLK, without any conditions, according to a lawyer involved in the merger review. The approval is expected as early as next week, the lawyer said, with the deal likely to close soon afterward."
Full Fisclosure: Long the shares of Google/GOOG
-- David M Gordon / The Deipnosophist
Labels: Company analyses
posted by David M Gordon | 6:27 AM
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