Citigroup says Microsoft Likely to Raise Yahoo Offer

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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]

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]

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.