|
NEW YORK (AP) - DoubleClick Inc. said Tuesday that shareholders approved by large margins a $1.1 billion buyout led by a private-equity group.
In a Securities and Exchange Commission filing, Internet-advertising company DoubleClick said 90 percent of investors at its annual meeting voted in favor of the acquisition by San Francisco-based Hellman & Friedman LLC and JMI Equity, which is based in Baltimore and San Diego.
The shares cast in favor of the deal represented 58 percent of the total number of DoubleClick's outstanding shares entitled to vote at the meeting, the company said.
|