Since posting two installments this morning on Google/DoubleClick, we have done additional research. Here’s our current understanding of the situation. (None of this has been officially confirmed by any of the companies involved or the FTC). Two key points:
- The FTC has reportedly given Google/DoubleClick verbal assurances that the deal will be approved.
- Even if the the deal is approved, we believe Microsoft/AT&T could still litigate. This could severely delay or even prevent the transaction from taking place. continued here….