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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: B. A. Marlow who wrote (1116)4/1/1999 1:09:00 PM
From: Lao Ou  Read Replies (1) of 1260
 
I have a question.
From what I read in the news:
1. SANTA CLARA, Calif. - April 1, 1999 - Yahoo! Inc. (NASDAQ: YHOO) today announced it has signed a agreement to
acquire broadcast.com inc. (NASDAQ: BCST).

2. SAN FRANCISCO -- If Yahoo! (YHOO:Nasdaq) buys broadcast.com (BCST:Nasdaq)
as reports indicate, the deal makes sense in the long term, analysts say.
Short-term, it could trigger a bidding war for broadcast.com and dilutede
Yahoo!'s earnings.

From news 1, it seems it is "definitive".
From news 2, it seems there might be some bidding wars. If that is the case, the price from BCST should go higher?

Do I miss something here?
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