Citigroup Says Microsoft Likely to Raise Yahoo Offer
Category: IT - Published: March 25, 2008 No Comments »(Reuters) - Citigroup said it is likely Microsoft Corp will raise its $31-per-share offer for Yahoo Inc and upgraded Yahoo shares to “buy” from “hold.” The brokerage also raised its price target on Yahoo’s stock to $34 from $31, saying it believed Microsoft remained committed to its offer and “is capable of and willing to” […]