Analysts: Yahoo and Microsoft likely to synch up this week

As Yahoo gears up to report its first quarter performance next week, one analyst predicts the Internet search pioneer may clock in at the lower end of its revenue range, while other analysts predict a buyout deal with Microsoft may be in the mix this week. UBS Securities analysts predict the Internet search pioneer will likely saddle up with Microsoft in a buyout deal valued in the range between $32 to $35 a share.
UBS analysts Benjamin Schachter and Heather Bellini noted they wouldn’t be surprised if the two companies entered a deal this week, citing several drivers. In part, the analysts, citing a discussion with litigation attorney Glenn Manishin of Duane Morris LLP, predict Yahoo’s antitrust concerns in hooking up with Microsoft are largely unfounded, giving it a mere 15 to 25 percent chance regulators would block the deal. 

source: C|Net News

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Tags: Microsoft, Yahoo