Stock Tickers: AQNT, MSFT, GOOG, TFSM, YHOO, VCLK
aQuantive Inc. (AQNT-NASDAQ) just recived a huge premium buyout by Microsoft (MSFT-NASDAQ). This is one that was a 50/50 chance of happening via deductive reasoning after the Google (GOOG-NASDAQ) and after the WPP Group buyout of 24/7 Real Media (TFSM-NASDAQ) and after the Yahoo! (YHOO-NASDAQ) acquisition of a private Right Media. So this only leaves ValueClick (VCLK-NASDAQ).
What is surprising is the premium: aQuantive is being acquired for roughly $6 Billion, or $66.50 per share. This stock has never seen a price like that except back at the recombination price at the start of 2001. Now if you have been a holder of AQNT you are guaranteed a huge profit.
In all honesty this deal is not a surprise at all, but the price is very surprising since it is nearly a 90% premium. Microsoft would have been able to have owned this one cheaper if they would have acted sooner. Shares of ValueClick (VCLK) are trading up 17% pre-market at just under $33.00 as they are the last man standing independently, and that is above the $31.34 year-high.
Jon C. Ogg
May 18, 2007
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
