Citigroup: Microsoft will raise bid for Yahoo
March 25th, 2008 · 1 Comment
Accordingto reports, a Citigroup analyst,
Mark Mahaney upgraded Yahoo to a buy and predicted that Microsoft Corp. will raise its bid to $34 a share, saying that, despite the uncertainty surrounding the proposed merger,
Microsoft is determined to pursue the deal, even at a higher price. “We believe the likelihood of
Microsoft of walking away from the deal is small,” he said in a research note.
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1 response so far ↓
1 Damir // Mar 25, 2008 at 11:58 am
Speculations are another way to encourage people to do business (give people the benefit).
Great Info
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