Sunday, October 21, 2012

YHOO: OpenTable (OPEN - $985M market cap) and...

8:25 PM OpenTable (OPEN - $985M market cap) and Millennial Media (MM - $1.12B market cap) were among the companies Yahoo (YHOO) "appeared to show interest" in buying when pitched on deals by bankers, a source tells Reuters. Also reportedly piquing Yahoo's interest were PubMatic, a provider of ad monetization services for publishers, and Turn, a developer of ad targeting apps. Yahoo, which is giving back 85% of its Alibaba proceeds, is said to be eying targets that can improve either user engagement or ad monetization. (Read the comments on this)

See more Market Currents on Tech, M&A

Recent articles on YHOO:
It May Be A New Day At Yahoo by Jim Van Meerten


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