Yahoo!, the US Web portal that is exploring strategic options, agreed to buy Interclick for $270 million in cash to help advertisers reach online users with more targeted messages.

Interclick stock

holders will get $9 a share, Yahoo! said.

Interclick closed yesterday at $8.94.

Separately, David Kenny, a Yahoo! board member, said he isn’t a candidate to become CEO at the company, ending speculation sparked by his resignation last week as president of Akamai Technologies.