Jack Ma Is Very Interested in Buying Yahoo – NYTimes.com
Jack Ma, chief executive of the Chinese e-commerce company the Alibaba Group, said on Friday that he was strongly considering buying Yahoo. It was the first public overture for the struggling Web portal.
“We are very interested,” Mr. Ma said when asked if his company wanted to make such an acquisition.
The comment from the stage at the China 2.0 conference at Stanford University confirmed what had already been reported: that Alibaba was among Yahoo’s suitors. Silver Lake Partners, Providence Partners, Andreessen Horowitz and Microsoft have also reached out to Yahoo’s board.
Yahoo’s board is reviewing its strategic options after firing Carol A. Bartz, the company’s chief executive, who failed to turn around the company during a rocky two-and-a-half-year tenure. Selling all or part of the company is among the options the board is considering.
Strange Random Merger Quote:
- Jack Ma Says Alibaba Is “Very Interested” In Buying Yahoo (YHOO) (businessinsider.com)
- Potential Buyers Renew Their Interest in Yahoo – NYTimes.com (mbcalyn.wordpress.com)
- Alibaba’s Jack Ma at Stanford: “We Are Very Interested” in Buying Yahoo (allthingsd.com)
- Alibaba chief Ma ‘very interested’ in buying Yahoo! (telegraph.co.uk)
- Alibaba’s Ma Says He’s ‘Very Interested’ in Buying Yahoo (businessweek.com)
- Buying Yahoo Is A No-Brainer For Alibaba (techcrunch.com)
- Alibaba ‘very interested’ in buying Yahoo (sfgate.com)
Posted on October 1, 2011, in Article and tagged Alibaba Group, Andreessen Horowitz, Carol Bartz, China, Jack Ma, Microsoft, Silver Lake Partners, Stanford University, Yahoo. Bookmark the permalink. Leave a comment.