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Hi-Media Buys European Online Ad Unit of AdLink; Valued at 29 Million Euros

Jul 5, 2009 7:45 PM

European online advertising network and marketing firm AdLink Group, part of Germany’s ISP firm United Internet, has finally been sold off its display ad unit, AdLink Media, about 18 months after its hired Morgan Staley to do it: Hi-Media, the increasingly acquisitive French online media group, has bought the unit.…

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Posted In: Advertising, Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Europe, France, Germany, adlink group, hi-media, morgan stanley, united internet

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