- Rumors of M&A interest from AT&T have led Akamai (AKAM +2%) to move higher over the last 20 minutes of trading.
- Verizon recently struck a deal to acquire Akamai rival EdgeCast. But from all indication, the deal's price tag (reportedly $350M+) was a tiny fraction of Akamai's current market cap ($8.35B).
- Akamai and AT&T have a CDN reseller partnership.
Akamai rallies amid M&A rumors
Dec 18 2013, 11:26 ET