Yahoo! wants Excite but @Home can stay at home
And what does AT&T have to say about it?
Yahoo! could be about to buy Excite@Home. Unnamed sources close to the companies concerned said that the Net giants have been talking about a possible acquisition for the last six weeks or so. What's more, Business Week Online's snouts said that Yahoo! is prepared to pay more than $17 billion -- believed to be the market value -- for the Internet-come-cable company. Snag is Yahoo! doesn't want the @Home part of the company and AT&T -- the controlling shareholder in Excite@Home -- wants to retain some control in it. Confused? Well Business Week Online goes to some length explaining just some of the many possible scenarios that could happen for this deal to work. Frankly, life's too short to repeat them here. ®
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