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(Business Law Currents) Trouble in Yahoo’s boardroom continues to gnaw at the company’s prospects for recovery from a highly-publicized and costly dispute with its business partner, the Alibaba Group last year. Last week, Yahoo announced several changes
Yahoo!'s drive to revive its business hit major roadblocks on Tuesday, as the company's talks to sell back most of its stakes in its Asian partners collapsed and a big investor unveiled plans to mount a board fight. The developments raised questions abou
Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Yahoo Inc's efforts to craft a complex USD 17 billion asset swap with its Asian partners stumbled over how to value Taobao, the fast-gro
Alibaba officials declined to comment. The offer would represent a 46% premium over the last closing price of the Hong Kong-listed unit, the paper said. Alibaba Group owns 73% of the listed unit. Alibaba plans to take its Hong Kong-listed unit private, t
But the talks to put together a tax-free transaction ended late Monday after several days of negotiations in Hong Kong, according to people briefed on the matter, who were not authorised to speak publicly. Hours after reports about the end of the talks e
Yahoo, whose revenue slid by more than a fifth last year, brought in former PayPal President Scott Thompson as chief executive in January, five months after Carol Bartz was fired. Two people briefed on the situation described the deal as effectively dead
The Wall Street Journal reported that Einhorn complained to investors in a letter last year that tension between Yahoo and China-based partner Alibaba Group Holding Ltd. , in which Yahoo owns a roughly 40% stake, had caused him to liquidate a position in
The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Talks on Alibaba buying back Yahoo’s stake in the Chinese e-commerce giant seem to have faltered. Valuation, structure and financing appear to be the key roadblocks. Wit
Yahoo!, we have a problem. The Internet company and its freshly minted chief executive, Scott Thompson, face a shareholder mutiny after talks to sell the company’s stake in two Asian partners faltered yesterday. Yahoo!’s negotiating team, surprised by th
14 February 2012 Last updated at 23:15 ET Alibaba's founder Jack Ma has been trying to buy back its stake from Yahoo for some time Shares of Yahoo Japan fell 5% on the Tokyo Stock Exchange on reports that talks regarding the swap of Yahoo's Asian assets
Yahoo’s drive to revive its business hit major roadblocks on Tuesday, as the company’s talks to sell back most of its stakes in its Asian partners collapsed and a big investor unveiled plans to mount a board fight. The developments raised questions about
Shares of Yahoo, the No. 2 search engine, fell as much as 7 percent after reports of problems in divesting Asian assets by new CEO Scott Thompson. In late trading, Yahoo shares were at $15.17, down 95 cents, or nearly 6 percent, giving the Sunnyvale, Cal
HONG KONG, February 13 (Reuters) - News and developments in Asia private equity from Reuters News for the Lunar New Year and the week ending Feb. 10. EXCLUSIVE-UPDATE 4-Chinese e-commerce group Alibaba plans to take its Hong Kong-listed unit Alibaba.com
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Chairman and Chief Executive of Alibaba Group Jack Ma delivers a speech at the 8th Netrepreneur Summit in Hangzhou, Zhejiang province September 10, 2011. China's Alibaba Group aims for 1 trillion yuan ($157 billion) in transaction volume next year on its Taobao platform, Ma said on...
View Photo »A model presents a creation of Hong Kong student of fashion design Jack Ma during the Hong Kong Fashion Week for Spring/Summer 2012 in Hong Kong, Monday, July 4, 2011. Hong Kong Fashion Week attracts more than 1,700 exhibitors participating in the four-day event.
View Photo »Hundreds of sellers from China's largest consumer-to-consumer e-commerce platform, Taobao, stage a protest outside the firm's offices in Hangzhou, east China's Zhejiang province on November 23, 2011, calling for the abolition of the website's feedback system. Taobao, a unit of Alibaba...
View Photo »Chairman and Chief Executive of Alibaba Group Jack Ma delivers a speech at the 8th Netrepreneur Summit in Hangzhou, Zhejiang province September 10, 2011. China's Alibaba Group aims for 1 trillion yuan ($157 billion) in transaction volume next year on its Taobao platform, Ma said on...
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