Broadcast.com profits from Yahoo! link

By editorial@silicon.com, 23 March 1999 14:48

NEWS Shares in Broadcast.com rose 33 per cent yesterday after Business Week Online named Yahoo! as the most likely buyer of the Internet Broadcasting group. Broadcast.com is an aggregator and broadcaster of streaming media programming on the Web. According to Business Week, other contenders for the Dallas-based company include AOL and US news corporation, NBC. Yesterday's leap in share prices means the company is now worth just under $4bn.

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