Yahoo Moves to Be Taken Private

Posted by Joachim Bartels | Nov 7, 2011 | Alibaba, China, E-Commerce, Search & Aggregation, United States, Yahoo | 0 |

According to Reuters, the Yahoo sale moves forward as private equity firms agree to confidentiality agreement. The California-based Internet pioneer said potential buyers had to sign an agreement by Friday to be allowed a close look at Yahoo’s finances. The Friday deadline could be extended into next week, however, to provide more time for other firms to sign on, the sources said.

Any deal for Yahoo would be complex due to Yahoo’s stakes in Alibaba and Yahoo Japan. Yahoo also has a search advertising partnership with Microsoft that would figure heavily into any deal. It may be in the cards that Alibaba’s Jack Ma with his private equity partners could upset Jerry Yang’s plans.

Source: Press Reports

About The Author

Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

The BIIA library is approaching 10,000 news items and best demonstrated practices. BIIA members receive regular news alerts on key developments in the industry and the regulatory environment. The BIIA readership is widespread: between 4 to 5 thousand unique visitors access BIIA.com per month.