Yahoo (YHOO) +3.7% AH following a Bloomberg report that an Alibaba-led group is preparing to bid...

|By:, SA News Editor

Yahoo (YHOO) +3.7% AH following a Bloomberg report that an Alibaba-led group is preparing to bid for the entire company. Yahoo’s board reportedly is meeting today to discuss earlier offers for a minority stake from bidders including Silver Lake and TPG Capital, but the Alibaba bid apparently would value Yahoo at more than the other offers.