Deals
Zuckerberg Deal Involving Microsoft Wins Antitrust Approval
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A transaction involving Mark Zuckerberg, chief executive officer of Facebook Inc., and Microsoft Corp.’s advertising business won approval from U.S. antitrust authorities
Facebook said on Feb. 28 it would acquire Atlas Advertiser Suite, adding measurement tools that help it step up competition with Google Inc. for online-display advertisements. All transactions of more than $70.9 million by law must be reported to antitrust regulators for review. The U.S. Federal Trade Commission today announced the deal was approved without identifying the nature of the transaction.