We’ve got more M&A activity in the internet sector today. Yahoo is snapping up (the private) Flickr while Interactive Corp. (IACI) is buying Ask Jeeves (ASKJ). (I’m glad I covered that short!) I’ll be on the lookout for some of the smaller net plays (like GRU, CNET, LOOK, FWHT, MAMA…) to be bid up today as traders look for sympathy plays.
