Panama Not Enough To Battle Google: Yahoo Acquires RightMedia

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Yahoo announced today that it will acquire the 80% of advertising network RightMedia that it doesn?¢‚Ǩ‚Ñ¢t already own for $680 million in cash and Yahoo stock.

Yahoo previously bought 20% of the company in a $45 million Series B round of funding announced in October 2006. The company has raised over $50 million to date.

Read more: Techcrunch

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