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Technology Stocks : Broadcast.com (Acquired by Yahoo)
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: rjee who wrote (934)3/23/1999 8:20:00 AM
From: Tom Hua  Read Replies (1) of 1260
 
From today's WSJ:

The stock jump boosted Broadcast.com's market value to about $4 billion.
Even before that rise, people familiar with the matter said that Yahoo had
internally discussed offering between $110 and $120 a share for
Broadcast.com. They added, however, that Yahoo might not be willing to
pay much more,
noting that the deal faces other hurdles and could take as
long as two weeks to negotiate in any event.
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