Tag: icebergs

MSFT & Yahoo – Icebergs Roped Together

I wonder if Rupert Murdoch has any shares in Yahoo he’s trying to get rid of. Just kidding But now would be a pretty good time to unload them. The New York Post ignited a firestorm of rumour this morning — and lit a fire under Yahoo’s share price too — with a story saying Microsoft is back in merger talks with the Internet portal. That pushed Yahoo’s moribund stock up by 17 per cent or so, adding about $6-billion to its market cap.

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