Market Overview

Softbank Corp, Yahoo! Inc. Merger Rumor Circulating On Social Media

Share:
Softbank Corp, Yahoo! Inc. Merger Rumor Circulating On Social Media
Related YHOO
A Deep Dive On The May IMX's Most Bought And Sold Stocks
IBM's Rethink On Remote Working — A Taste Of Things To Come?

Rumors began circulating this morning that Softbank Corp (OTC: SFTBF) might make a bid for Yahoo! Inc. (NASDAQ: YHOO).

This comes after Bloomberg reported yesterday that Yahoo investor Alternative Investment Management & Research SA sent a letter to the tech giant’s CEO, Marissa Mayer, and SoftBank Chairman Masayoshi Son.

Since then, speculation about the suspected merger has been circulating on social media.

The majority of Twitter users just mused over the idea:

While Stocktwits users were mostly bullish:

$YHOO rumors of $SFTBY takeover

— IronLion (@IronLion) Oct. 1 at 10:22 AM

$YHOO rumor $SFTBY approached yahoo and 9.4b in proceeds http://stks.co/s0prR

— Zee Sadiq (@ZeeS) Oct. 1 at 10:57 AM

$YHOO article came out saying $SFTBY for YHOO. CFO also said they are working on options..he badly said we r NOT STUPID like people say

— cybercash28 (@cybercash28) Oct. 1 at 11:03 AM

Disclosure: At the time of this writing, the author had no position in the equities mentioned in this report.

Posted-In: Marissa Mayer rumor social media social media curation Softbank YahooMedia

 

Related Articles (YHOO + SFTBF)

View Comments and Join the Discussion!