Yahoo ,AOL Shares Jump On Merger Calls

Starboard Value, a Hedge Fund, sent both AOL and Yahoo shares up considerably with renewed pressure that Yahoo purchases AOL. Yahoo shares jumped 3.4% to $50.23 a share. AOL shares jumped 7.6% to $49.62 a share. Starboard chief Jeff Smith said he was concerned about reports that Yahoo is considering an acquisition of cable networks such …

The post Yahoo ,AOL Shares Jump On Merger Calls appeared first on The Daily Exposition.

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