Microsoft Completes Aquantive Purchase

From The New York Times - Microsoft has completed the largest purchase in its history, sealing its $6 billion takeover of Internet advertising firm Aquantive.

The software maker closed the deal on Friday, according to a filing Aquantive made Monday with the Securities and Exchange Commission.

In the filing, Seattle-based Aquantive said that its board has resigned, as planned, and that it has notified Nasdaq to delist its stock, with the shares now converted into the right to receive a cash payout of $66.50 per share from Microsoft. Aquantive is now a wholly owned subsidiary of Microsoft. | Read full article