AAPL Stock: 118.88 ( + 1.13 )

Printed from

Yahoo deal talks with Asian suitors possibly over

updated 02:15 pm EST, Tue February 14, 2012

Yahoo talks on sale reportedly stopped

ahoo and its potential Asian buyers may have finished their negotiations to buy out the online entity, AllThingsD reported. China-based Alibaba was interested in buying the company, along with Japan's telecommunications giant, SoftBank. Sources claimed the end to the discussion was due to the complex nature of the cash split, among smaller issues.

Because Yahoo owns a 40 percent stake in Alibaba worth nearly $17 billion, the negotiations were purportedly complicated. The deal with Alibaba and SoftBank were meant to save Yahoo nearly $4 billion in US taxes. SoftBank holds a 30 percent stake in Alibaba.

The latest round of negotiations was held in Hong Kong, where the new issues were brought up, along with over-valuation. The talks can resume at any time, however.

Whether both or just one party is responsible for the deterioration of the talks isn't clear. Yahoo was said pushing for a mainly cash-rich deal, and the sources indicated that the talks stopped partly because Yahoo suddenly changed its mind about what it wants from the deal.

by MacNN Staff



Login Here

Not a member of the MacNN forums? Register now for free.


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented