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FTC Green Lights Google-AdMob Deal

May 21, 2010, 2:01 pm
The Federal Trade Commission said today it has approved Google's $750 million acquisition of mobile ad network AdMob after reviewing the deal and concluding it is unlikely to harm competition. "We are extremely pleased with today's decision from the Federal Trade Commission to clear Google's acquisition of AdMob, said Omar Hamoui, AdMob Founder and CEO.

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