Valuation of Yahoo’s Alibaba stake

Yahoo buys US$1 billion stake in Alibaba (2005-8-11, China Daily): $1 billion for 40% stake of Alibaba Group (parent company of Alibaba, Taobao and Alipay). Taotao and Alipay is Chinese equivalent of eBay and Paypal, repectively. Yahoo sells direct stake in Alibaba.com (cnet, 2009-9-14). Quote: ====== Yahoo has sold 1 percent of its stake in […]

Carl Icahn and activist investor movement

Carl Icahn is again in the news. This time is about the Yahoo (Nasdaq:YHOO) shareholder proxy fight. Basically Carl bought a bunch Yahoo shares after the Microsoft deal fell through, and he is trying to remove the current Yahoo board, and make the sale to Microsoft. Intelligent observers may say did not Microsoft walked away […]