Sunday, November 6, 2011

Google to “help” (buy out) Yahoo

         Leaks and rumors are fueling the mist behind the Google-Yahoo merger.  The past few weekends it has been speculated Google will help private equity firms purchase Yahoo (NYSE: 16.35.) Google, having over 68% of the search market, would combine with Yahoo to have internet market share of over 80%. Google (NYSE: 588.49) released strong third quarter results. Although Yahoo would not be a part of Google, its investment would push the stock up into the six hundred range, very good for a Silicon Valley internet firm. -By Alec B.

No comments:

Post a Comment