Getting your player ready...
NEW YORK — Shares of Adobe soared in heavy trading Thursday on a report that Microsoft chief executive Steve Ballmer discussed a possible buyout of the company.
A report posted in the “Bits” blog of The New York Times said Ballmer recently met with Adobe chief executive Shantanu Narayen to talk about Apple’s control of the cellphone market and how Microsoft and Adobe could work together to fend off the iPhone maker.
Adobe ended the session up nearly 12 percent at $28.69.
