With Europe's OK, Google closes DoubleClick acquisition
Updated on March 11 at 8:52 a.m.
European antitrust regulators on Tuesday approved Google's $3.1 billion merger with DoubleClick, paving the way for a blockbuster deal in Internet search and publisher-based advertising tools.
Approval by the European Commission, which came without conditions, had largely been expected to occur this week. The Commission's announcement comes three weeks before its April 2 deadline, in which it had to determine whether to nix the deal.
With the Commission's decision in place, Google announced on Tuesday that it has formally closed its merger with DoubleClick.
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