Friday the Thirteenth Part 4: MicroHoo Lives!
Rumors of renewed talks between Microsoft (MSFT) and Yahoo (YHOO) are as inevitable and persistent as “Friday the 13th” sequels–and not nearly as entertaining.
Shares of Yahoo spiked this afternoon on rumors that Yahoo is back in merger or partial acquisition talks with Microsoft. YHOO rose 5.2% to $22.56 in afternoon trading before falling to its knees again after a source close to Microsoft told CNBC there are no new negotiations between the two companies. “There is no deal for the whole company, and nothing has changed as of today,” the source said.
But as BoomTown notes, perhaps it should.