Domain Incite Google scuppers Team Internet acquisition after profit warning

[DNF Newsbot]

A Norwegian private equity company has dropped its plans to acquire Team Internet after Google changed the way it handles advertising on parked domains, a key source of revenue for the company. Oslo-based Verdane had a deadline of today to announce a formal offer for the company, but instead said it “does not intend to […]

The post Google scuppers Team Internet acquisition after profit warning first appeared on Domain Incite.

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