4 Merger and Acquisitions Stock Stories Ready for Midweek Appraisal
Yahoo! Inc. (NASDAQ:YHOO): Current price $34.24
Knowledgeable sources say that Yahoo! is poised to purchase Hitpost, which makes a few sports-centric mobile apps, to reinforce its own sports offerings on iOS and Android. The firm’s team of around seven persons will join Yahoo. Hitpost was co-founded by Aaron Krane, who learned the science of building social games at Slide, and he intended to unite that know-how with products that appealed to sports fans. The concept was that there exists an unexploited place between freemium games such as Zynga Poker and sports media.