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Alibaba Buying Yahoo?

In Uncategorized on October 2, 2011 by reibroker Tagged: , ,

In case you aren’t familiar with Alibaba they are the Hong Kong based company who made history in 2007 with the second largest internet based IPO of, I believe it was $1.7billion, only surpassed by Google’s IPO at the time.

That said, Jack Ma’s amazing vision is now, realistically, positioned well to consummate just such a purchase.

Amplify’d from www.bloomberg.com

Alibaba’s Ma ‘Very Interested’ in Buying Yahoo

Ma said he’s had discussions with Yahoo, as well as other
potential buyers, without identifying them. The executive, whose
company is 40 percent owned by Yahoo, spoke at an event at
Stanford University near Palo Alto, California.


Enlarge image
Alibaba Chairman Jack Ma

Alibaba Chairman Jack Ma

Alibaba Chairman Jack Ma

David Paul Morris/Bloomberg

Jack Ma, chairman of Alibaba Group Holding Ltd.

Jack Ma, chairman of Alibaba Group Holding Ltd. Photographer: David Paul Morris/Bloomberg

Read more at www.bloomberg.com

 

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