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The breakdown in talks between Yahoo (YHOO), Alibaba (ALBCF.PK) and Softbank (SFTBF.PK) over the...

  • Thursday, February 16, 2012, 8:59 AM ET
    The breakdown in talks between Yahoo (YHOO), Alibaba (ALBCF.PK) and Softbank (SFTBF.PK) over the sale of Yahoo's Asian assets was due to how to value Taobao, Alibaba's online retail ops, Reuters reports. Because of Taobao's fast growth, Yahoo wants to reassess the valuation agreed to in December, when a term sheet was inked.
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    Well if that is true then perhaps Alibaba should get to re-negotiate the terms of Yahoo's investment in 2005 which arguably was a terrible deal for Alibaba shareholders.
    16 Feb 2012, 09:07 AM Reply Like
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