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Yelp Makes It Hard to Recommend a Buyout

Yelp (YELP) may no longer be such a shoe-in to be acquired.

TheStreet's founder Jim Cramer doubled back on his assessment Monday that Yelp would forever be a takeover target following strong earnings after the close on Tuesday.

"Yelp had been considered a down and out takeover target, no longer," Cramer said. "Yelp is a surviving company that can grow and acquire."

Yelp stock was up 14.09% to $37.24 in midday trading Wednesday.

The San Francisco-based food and services tech company reported earnings of 16 cents per share, beating...


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