Tuesday, January 2, 2007

Yahoo could look for merger partner in 2007 - report

Yahoo, the California listed Internet company, could look for a merger partner in 2007, reported the Los Angeles Times. The report, part of the paper’s annual predictions column, reported that Yahoo could look for a merger partner in 2007, to help it compete better against Google.
According to the report, potential partners include Time Warner’s AOL, Microsoft’s MSN and eBay. The report noted Yahoo could also look for a merger with an older media company as well.
Yahoo has a market capitalization of USD 34.7bn. The predictions in the paper are based on interviews with analysts, investors and executives as well as the paper’s own guesswork, according to the LA Times.

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