| |
New Move in NetRatings/Jupiter Merger
NetRatings, Inc. and Jupiter Media Metrix, Inc. have jointly announced that they have modified certain terms of their merger agreement. This is in respect of the pending acquisition of Jupiter Media Metrix by NetRatings.
On December 7, 2001 the companies received a request for additional information from the Federal Trade Commission, the U.S. governmental entity responsible for antitrust review of the acquisition.
In light of the time required to comply with this, and so that NetRatings and Jupiter Media Metrix can preserve their respective positions in the patent litigation, the two companies have agreed to permit a course of patent litigation between them. This action had previously been put on hold as part of their merger agreement last Autumn.
The companies are hoping this legal process will be completed by the end of March this year.
|
