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Citigroup says Microsoft Likely to Raise Yahoo Offer

     

engine

2:14 pm on Mar 26, 2008 (gmt 0)

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month Best Post Of The Month



Citigroup said it is likely Microsoft Corp will raise its $31-per-share offer for Yahoo Inc and upgraded Yahoo shares to "buy" from "hold."

The brokerage also raised its price target on Yahoo's stock to $34 from $31, saying it believed Microsoft remained committed to its offer and "is capable of and willing to" increase that bid to conclude the deal.

Citigroup says Microsoft Likely to Raise Yahoo Offer [uk.reuters.com]

skibum

11:33 pm on Mar 26, 2008 (gmt 0)

WebmasterWorld Administrator skibum is a WebmasterWorld Top Contributor of All Time 10+ Year Member



Yahoo! is smart, they are worth it but it makes one wonder how MSFT would plan to integrate the cultures and the massive organizations & technologies.

swa66

9:55 am on Mar 27, 2008 (gmt 0)

WebmasterWorld Senior Member swa66 is a WebmasterWorld Top Contributor of All Time 10+ Year Member



Integration will be a change or die in the long run, the brand and it's followers/vistors is what MSFT is after in their quest for world domination. As such this deal simply has to be prevented.
 

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