EU may approve DoubleClick deal
From Times Wire Services
Google Inc. hasn’t received formal objections from European Union regulators about its proposed $3.1-billion purchase of online advertising firm DoubleClick Inc., people familiar with the case said, indicating that the EU is close to approving the deal.
EU regulators may only block a merger if they send a list of concerns. No such document has been sent in the Google case, the people said.
Mountain View, Calif.-based Google, owner of the most popular Web search engine, would use New York-based DoubleClick to bolster sales of Internet ads.