Spiga

Web and Online Advertising is HOT again

Several things are going on that are a clue to the next phase of the internet. YHOO earnings were good among other things after the bell. Also:

New York, NY, 7/13/2005 - NEW YORK, NY, July 13, 2005 – DoubleClick Inc. (NASDAQ: DCLK), the leading provider of data and technology solutions for marketers, advertising agencies and web publishers, announced today that the acquisition of DoubleClick by Click Holding Corp. has been completed. Click Holding Corp. is a subsidiary of private equity investment funds affiliated with Hellman & Friedman LLC and JMI Equity. DoubleClick stockholders approved the merger agreement governing the transaction at DoubleClick’s annual stockholders meeting held on July 12, 2005.

News Corp. on Monday said it would buy Intermix Media Inc., owner of the popular MySpace.com social networking site, for $580 million in a move to expand the media conglomerate's Internet offerings.

The deal comes after News Corp., home to the Fox television network, Fox News and 20th Century Fox film studios, announced on Friday the creation of an Internet division to hold the company's sports, news and entertainment sites.

News Corp. will pay $12 a share, a 12 percent premium over Intermix's closing price on the American Stock Exchange on Friday. Intermix shares rose 9.5 percent to $11.74 in Monday trading.

THE STOCK INSIDERS NEVER PURCHASED SHARES LEADING UP TO THIS...

AND GOOGLE MADE A NEW HIGH......

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