Google wins DOJ approval for Admeld buy
The U.S. Department of Justice has given Google the go-ahead to complete its $400 million acquisition of AdMeld.
"The Antitrust Division obtained extensive information from Google, Admeld and a wide range of market participants in connection with its merger investigation of the proposed transaction," the Justice Department said in a statement today. "After a thorough review of the evidence, the division concluded that the transaction is not likely to substantially lessen competition in the sale of display advertising."
Google announced plans to acquire Admeld in June. The search giant said at the time that the … Read more