http://www.boston.com/business/technology/articles/2010/10/14/yahoo_shares_rise_on_buyout_talk/
The price of Yahoo Inc shares have increased because of talk that AOL Inc and a group of private equity firms may bid for the Web company. The stock has climb 68 cents or 4.5% in afternoon trading after talk of this buyout. Their stock prices have been going up and down for the past 52 weeks ranging between $12.94 and $19.12. A deal between AOL and Yahoo would merge two great companies and help them compete against competitors like Google, Facebook and Twitter.
I agree with this article in that if the two companies merge they will be have a much stronger force and be able to successfully compete with large competitors such as google and facebook. By pulling their resources together they could be extremely successful since they will no longer have to worry about competing with one another!
ReplyDeleteCompanies that merge together usually have a stronger force in the industry they sell their product(s) in. In the end which will result in greater profit. I agree with this article that a stronger impact will be made successfully if AOL and Yahoo merge.
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