Author Topic: Citigroup says Microsoft likely to raise Yahoo offer  (Read 375 times)

Offline Josetann

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Citigroup says Microsoft likely to raise Yahoo offer
« on: March 25, 2008, 04:26:00 PM »
The brokerage also raised its price target on Yahoo's stock to $34 from $31, saying it believed Microsoft remained committed to its offer. (From Reuters)   Citigroup said it is likely Microsoft will raise its $31-per-share offer for Yahoo, and upgraded Yahoo shares to "buy" from "hold."  The...

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