March 25, 2008 7:26 AM PDT

Citigroup says Microsoft likely to raise Yahoo offer

Citigroup says Microsoft likely to raise Yahoo offer
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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)

The story "Citigroup says Microsoft likely to raise Yahoo offer" published March 25, 2008 at 7:26 AM is no longer available on CNET News.

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Who listens to Citi?
Why would MS raise the bid when there is no competitive counteroffer? No wonder Citi is tanking - with analysts like this, who would trust Citi?
Posted by oxtail01 (308 comments )
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