Yahoo completes tender offer for interclick shares

Yahoo announced today that it has completed its tender offer for the shares of interclick, Inc. Using a proprietary data valuation platform, interclick improves data-driven advertisements effectively and strategically. With the success of the company in mind, Yahoo expects interclick to aid marketers and their campaign performances. The acquisition is planned to be completed today with the use of a ‘short form’ merger in which all the remaining shares of interclick common stock will be purchased for $9.00 a piece. Yahoo will fully own interclick once the merger is complete, with possession of approximately 90 percent of the shares.

 

SOURCE: Yahoo! Press Release