Yahoo! may be on the lookout for more acquisitions despite shelling out more than $10 billion in stock in less than three months to buy two Broadcast.com and Geocities.
Tim Koogle, the high flying Web company's chief executive, told US journalists on Friday that the market was ripe for more acquisitions and that this was the year for consolidation.
Yahoo! has been reported to be in partnership discussions with ecommerce sites such as Check Free Hldings and sports services, but this week said it would acquire audio streaming firm, Broadcast.com, for $5.7 billion in stock.
The move follows its purchase of Web community site, Geocities, for $3.5 million two months ago.
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