Yahoo! News: Internet News: Yahoo to buy online ad tech firm interclick for $270 million (Reuters)

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Yahoo to buy online ad tech firm interclick for $270 million (Reuters) Nov 1st 2011, 13:48 (Reuters) – Yahoo Inc will buy online advertising technology firm interclick inc for $270 million in cash, the companies said. The $9 a share offer represents a 22 percent premium over interclick shares' closing price on Monday on Nasdaq. Interclick helps advertisers identify online target audience through its analytics services. Yahoo shares closed at $15.64 on Monday on Nasdaq. They were down 5 percent in pre-market trading. (Reporting by Himank Sharma in Bangalore; Editing by Joyjeet Das)

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