05/02: Report: Microsoft Interested in 24/7 Real Media
Posted by Patrick
From MarketWatch:
Microsoft Corp.'s reported interest in paying roughly $1 billion for 24/7 Real Media Inc. could be the third big move in recent weeks by tech giants to sew up the growing market for online advertising.
According to a report Tuesday in the New York Post, Microsoft may make a bid for New York-based online advertising company 24/7 Real Media, worth roughly twice its market value. The news sent shares of 24/7 Real Media soaring more than 20% to close at $12.
According to a report Tuesday in the New York Post, Microsoft may make a bid for New York-based online advertising company 24/7 Real Media, worth roughly twice its market value. The news sent shares of 24/7 Real Media soaring more than 20% to close at $12.







