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To: fedhead who wrote (48430)	3/31/1999 7:07:00 PM
From: Derrick P.	Respond to of 164684

It seems to be official, YHOO to buy BCST, though the announcement is scheduled for tomorrow dailynews.yahoo.com <<<<<<<<< Wednesday March 31 6:07 PM ET Yahoo Expected To Buy Broadcast.Com PALO ALTO, Calif. (Reuters) - Internet media group Yahoo! Inc. is expected to announce a deal Thursday to buy Broadcast.com Inc., sources close to the company said. Yahoo declined to confirm the rumors, which have been circulating for over a week and intensified Wednesday after CNBC reported a deal worth $4.4 billion was imminent. Both companies stocks have been halted for news pending and analysts say Yahoo has scheduled a conference call for Thursday morning. A Yahoo spokeswoman said there would be no announcement Wednesday, but would not comment on whether the acquisition would be announced Thursday. Broadcast.com, the Dallas-based online company that airs everything from Presidential speeches to lingerie fashion shows on the Internet, could help Yahoo expand its mostly plain text services to include audio and video. Competition to provide more ''media rich'' services online has intensified with many of Yahoo's rivals taking a lead in this area. Although Yahoo is the most popular Internet portal, some critics say its content has been looking more humdrum compared with what some other sites are offering. Although the terms of the acquisition are still unclear, Yahoo is widely expected to buy Broadcast.com in a stock transaction. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Any speculation on what BCST will go for (share price)? Derrick