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Microsoft Rumored to Buy Adobe

Kevin Stecyk

New member
Late today at about 2:45 to 3:00 pm Eastern, Adobe (ADBE) began climbing in price--over 10% rise--as rumors circulated that Microsoft (MSFT) might be interested in acquiring Adobe.

You can read more about the rumors in NY Times: http://goo.gl/uWAI
 

Asher Kelman

OPF Owner/Editor-in-Chief
Sharp eyes, Kevin,

I'm going to make the forum fully open as really ww only rarely have ads instead of news!

Asher
 

Kevin Stecyk

New member
The Wall Street Journal threw cold water on the story today. Adobe was down 6% after being up 10-11% yesterday. Thus, traders' conviction for a takeover has lessened.
 

Timothy Bearden

New member
I couldn't even imagine Adobe wanting to have Microsoft buy them out. Next thing there would be commercials from Apple attacking Photoshop to support the use of Aperture.
 
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