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OpenTable (OPEN - $985M market cap) and Millennial Media (MM - $1.12B market cap) were among the...

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 Web publishers, and Turn, a developer of ad targeting apps. Yahoo, which is giving back 85% of its Alibaba proceeds to shareholders, is said to be eying targets that can improve either user engagement or ad monetization.
Comments (3)
  • OPEN might be the only one ready to take an offer. No way MM wants to be a part of YHOO though such a deal would make my VELT shares soar.
    21 Oct 2012, 09:47 PM Reply Like
  • This doesn't give any insight into what Yahoo wants its strategic vision to be. Still not a good reason to be long YHOO.
    22 Oct 2012, 01:04 AM Reply Like
  • well, mr trampe, if you feel that way, you along with all the other naysayers have missed out on making a lot of money in the past several months. keep bashing, keep missing out. glad there people like you out there, otherwise there would be no supply to satisfy the demand.
    7 Mar 2013, 07:05 PM Reply Like
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