DoubleClick last night announced that its annual meeting of stockholders in New York had voted to accept the acquisition of DoubleClick by an affiliate of the private equity investment firms Hellman & Friedman LLC and JMI Equity. After a recent get-out-the-vote effort by DoubleClick, the number of shares voting in favor of the merger agreement constituted some 58 percent of the total number of shares outstanding and entitled to vote. Approximately 90 percent of stockholders present at the meeting voted in favor of adopting the agreement.

The proposed merger was announced on April 25 and is expected to close as soon as the conditions set forth in the merger agreement have been met or waived.

Under the terms of the agreement, DoubleClick stockholders will receive $8.50 per share in cash, without interest, for each share of DoubleClick common stock. DoubleClick management, meanwhile, has made sure that executives' golden parachutes are extra shiny.