WebMD (WBMD +2.9%) shares continue to benefit from takeover rumors, the latest coming from a...

|About: WebMD Health Corp (WBMD)|By:, SA News Editor

WebMD (WBMD +2.9%) shares continue to benefit from takeover rumors, the latest coming from a weekend NY Post story discussing Japan's SoftBank (SFTBY.PK) as jumping into the auction for the medical information website. SoftBank owns a 30% stake in Alibaba and 35% of Yahoo Japan. Several PE firms reportedly submitted $2B-plus offers two weeks ago, but the bids were non-binding.