USA: Yahoo gets sporty
With the acquisition of Rivals.com, a website specializing in college and high school sports, the U.S. Internet company Yahoo is significantly expanding its presence in the sports sector.
With the takeover of Rivals.com, a website specializing in university and school sports, the US Internet company Yahoo is significantly expanding its presence in the sports sector, as the news agency SDA reported on Thursday. The parties apparently agreed not to disclose the purchase price. Incidentally, there was a change of management at Yahoo! a few days ago: the co-founder of the group, Jerry Yang, took over the reins from long-time company boss Terry Semel.
