Rumors Of Yahoo! Acquisition Talks Reappearing Send Yahoo! Stock Up 5%

Posted Jun 24, 2008

Yahoo Inc. (NASDAQ:YHOO) stocks have just risen over 5% due to a rumor from TechCrunch that Microsoft Corporation (NASDAQ:MSFT) is once again interested in a full acquisition.

“The information we have is thin, but what one source is saying that Microsoft is talking a price lower than the $33 they were offering when the talks disintegrated in May,” stated Michael Arrington in his blog post.

Yahoo! and Microsoft declined to comment.