It’s not the blockbuster that some industry analysts envisioned, but Yahoo has sealed its first deal under new Chief Executive Jerry Yang. Hoping to deepen its appeal to hard-core sports fans, Yahoo is buying Rivals.com, a Web site that provides extensive coverage of collegiate athletics. Financial terms of the acquisition to be announced Thursday aren’t being disclosed — an indication that the sales price is too small to dent Yahoo’s finances. Analysts believe Yahoo may be considering more dramatic moves after changing its leadership earlier this week.
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Original post by Andrew K. Burger and software by Elliott Back
