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Investors like news that Yahoo might be target of takeover
CommentsYahoo Inc. stock rose 7.1 percent Tuesday on Nasdaq after The Wall Street Journal said former AOL Chief Executive Officer Jonathan Miller may pursue a takeover, stepping in after Microsoft Corp. scorned speculation of new talks.
Miller talked with private-equity firms and other investors to raise money to buy all or part of Yahoo, the newspaper said, citing unidentified people familiar with the matter. He may make an offer worth $20 to $22 a share for the company, the second most popular Web-search site.
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We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service.
Comments are displayed newest first. If you would like to read a thread from beginning to end, select "Oldest first" from the drop down menu.
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