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SEATTLE (AP) - Microsoft Corp.'s $6 billion acquisition of online advertising group aQuantive Inc. has cleared an antitrust regulatory hurdle, the companies said Friday.
The Federal Trade Commission mandates a waiting period to review anticompetitive fallout from large mergers. In a Securities and Exchange Commission filing Friday, aQuantive said the waiting period passed without requests for further information from the FTC.
"We're obviously pleased," said Tom Phillips, a spokesman for Seattle-based aQuantive. A shareholder meeting to vote on the sale of the company is scheduled for Aug. 9.
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