Will Alibaba Gobble Up Yahoo?
Jack Ma, CEO and Group Chairman of Alibaba, stated that his company was “very interested” in purchasing Yahoo (NASDAQ:YHOO). The Chinese internet company CEO was speaking at a forum at Stanford University forum when he was pointedly questioned about their intentions.
“Later, in answer to a question I posed about how he was going to do that, Ma said he wanted the ‘whole’ company, but that the effort was complicated and included a number of players,” writes Kara Swisher of AllThingsD.
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