Sunday, November 18, 2007

Buyout Rumors Boost Yahoo Stock - Yahoo! News

I dunno -- at ~$36B before an acquisition premium, that'd be an amazing deal...

A blogger is making dormant rumors that Microsoft is looking to buy Yahoo active again after a Microsoft executive outlined plans this week for the company to improve its online search market share from about 10 percent to 30 percent.

Former Wall Street analyst Henry Blodget, who writes for the popular liberal blog The Huffington Post, posited Friday that there is no way Microsoft could achieve this goal on its own, so an acquisition may be in the works. His comments come after Microsoft President of Platforms and Services Kevin Johnson outlined the company's online search goal at a UBS investor conference in Seattle on Thursday.

Buyout Rumors Boost Yahoo Stock - Yahoo! News

Post a Comment