Shares in Source Media, an interactive television provider, jumped more than 50 percent today on unconfirmed rumors of a possible acquisition. Companies named as possible suitors included Microsoft and America Online. Source Media shares closed today at 32.25 after peaking at 39.
Tech Industry
Short Take: Source Media up on takeover speculation
Shares in Source Media, an interactive television provider, jumped more than 50 percent today on unconfirmed rumors of a possible acquisition. Companies named as possible suitors included Microsoft and America Online. Source Media shares closed today at 32.25 after peaking at 39.
Discuss: Short Take: Source Media up on takeover speculation
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