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ACQUISITION
FDN Database Reference: F231109-359
Yahoo Inc. (NASDAQ:YHOO) has signed a definitive agreement to acquire Citizen Sports, a company that brings the world of sports to fans’ favorite social networking sites and mobile devices through innovative applications. This acquisition will strengthen Yahoo!‘s social strategy of enriching, aggregating and distributing social content from across the entire Web, and offering a highly customizable social experience.
Aprox. Value: Undisclosed. Yahoo! expects to complete this acquisition in the second quarter of 2010.
Acquirer: Yahoo!
ACQ Web: http://www.yahoo.com
Location: USA, Sunnyvale, CA
Region: North America
Description: Yahoo! Inc. (NASDAQ: YHOO) provides Internet services worldwide. The company is perhaps best known for its web portal, search engine.
Category: Media, Search, Internet Services
Contact 1: Bryan Lamkin, senior vice president, Consumer Products Group
Contact 2: Carol Bartz, CEO
Contact 3: Roy J. Bostock, Chairman
Contact 4: Jerry Yang, Co-founder
Contact 5: David Filo, Co-founder
Vendor: Citizen Sports
Vendor Web: http://www.citizensports.com
Location: USA, San Francisco, CA
Region: North America
Description: Citizen Sports is a network of popular applications for Facebook, MySpace, hi5, iPhone and Android span professional, college and high school sports.
Category: Sports, Apps
Contact: Mike Kerns, founder and CEO of Citizen Sports
Link: Press Release
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