Tech Company M&A Transactions
Fastclick Acquisition
Based in Santa Barbara, Fastclick was acquired by Conversant. Conversant said the transaction price was $80 million.
Transaction Overview
Company Name
Acquired By
Announced On
9/30/2005
Transaction Type
M&A
Amount
$80,000,000
M&A Terms
Based on its successful exchange offer for the outstanding shares of Fastclick common stock, which expired on September 27, 2005, and the consummation of a short-form merger of its wholly owned subsidiary with and into Fastclick, ValueClick has acquired all outstanding shares of Fastclick common stock. ValueClick has issued approximately 15.6 million shares of ValueClick common stock and has assumed options to purchase approximately 0.9 million shares of ValueClick common stock (on a treasury stock basis) in a stock-for-stock transaction. In the merger, each outstanding share of Fastclick common stock, other than shares owned by ValueClick as a result of its exchange offer and shares for which appraisal is sought under applicable Delaware law, was converted into the right to receive 0.7928 of a share of ValueClick common stock (including the associated preferred share purchase rights). The merger allowed ValueClick to acquire the remaining shares of Fastclick common stock that were not
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
360 Olive Street
Santa Barbara, CA 93103
USA
Santa Barbara, CA 93103
USA
Phone
Website
Email Address
Not Recorded
Overview
Fastclick is a digital marketing firm with a focus on customer outreach.
Management Team
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