BUSINESS
03/28/2008 02:45 am ET | Updated May 25, 2011

EU Close To Approving Google's DoubleClick Deal

Google Inc. hasn't received formal objections from European Union regulators about its proposed $3.1 billion purchase of DoubleClick Inc., three people familiar with the case said, indicating the EU is close to approving the deal.

European regulators in Brussels may only block a merger if they send a list of concerns, known as a statement of objections. That document is typically sent at least eight weeks before the deadline for approval. No such document has been sent in the Google case ahead of the April 2 deadline, said the people, who declined to be identified because the investigation is private.

``If they're not objecting to anything, then of course the deal is going to go through,'' said Dennis Oswell, a competition lawyer at Oswell & Vahida in Brussels. ``If you think you have something to fight over, you've got to get that out.''

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