SPECULATION ABOUNDS THAT YAHOO IS UP FOR SALE
January 4th 2008 22:03
Wired, along with several other US media pundits, speculates that Yahoo may be acquisition material this year.
The web giant has seen its market capitalisation fall from US$52 billion in 2005 to roughly $33.5 billion today, although its revenue is still on the up and up.
Web industry watchers, citing its languishing stock and revolving door at the top, are buzzing about Yahoo as a prime acquisition target. Major media players like News Corp, NBC and Viacom, always looking to expand their online businesses, would no doubt love to have Yahoo, but they simply don't have $33.5 billion. Neither does Time Warner. \
- From MediaBlab
| 47 |
| Vote |
subscribe to this blog
