Yahoo! purchased Rivals.com today for an undisclosed amount. This is the first acquisition since the CEO change at Yahoo!. The deal was in the works prior to Terry Semel leaving the company though.
http://news.yahoo.com/s/ap/20070621/ap_on_hi_te/yahoo_acquisition;_ylt=AiyzCKq6j6l8P4HKWNesF.LMWM0F |
TechCrunch hints that the amount was around 100 million. |
It would have been funnyto call this "Yahoo buys rivals". Everyone would think they acquired Google and MS |
They cant buy google . they bought word rival |