Citigroup says Microsoft likely to raise Yahoo offer
Date : 2008 03 25 Category : Technology ZDNet News
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...