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October 4, 2011 05:05 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/0IOVJGiZBl4/Chinas-Alibaba-Interested-In-Buying-Yahoo
China's Alibaba Interested In Buying Yahoo
jfruhlinger writes "Alibaba is a company that most Americans probably haven't heard of, but it's a hugely important Internet player in China, owning the Yahoo! China site as well as a host of other marketplace Websites. It's 40 percent owned by Yahoo, but now, in what seems a bit like a snake eating its own tail, Alibaba CEO Jack Ma has declared his interest in buying the embattled Internet portal outright." The San Francisco Chronicle has a Bloomberg News article with more details; they report that Alibaba is actually one of three parties looking into a joint bid for Yahoo, the others being the equity firm Silver Lake and Russian tech investor Digital Sky Technologies. 
Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/0IOVJGiZBl4/Chinas-Alibaba-Interested-In-Buying-Yahoo
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