homepage Welcome to WebmasterWorld Guest from 50.17.21.7
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Become a Pro Member
Home / Forums Index / Search Engines / Asia and Pacific Region
Forum Library, Charter, Moderators: bill

Asia and Pacific Region Forum

    
Alibaba's Jack Ma Offers $2.5 Billion To Take The Company Private
engine




msg:4420040
 4:56 pm on Feb 21, 2012 (gmt 0)

Alibaba's Jack Ma Offers $2.5 Billion To Take The Company Private
[reuters.com]
Jack Ma's Chinese e-commerce firm Alibaba Group has offered around $2.5 billion to take its Hong Kong-listed Alibaba.com unit private, stressing the move was unrelated to any possible deal to buy back shares owned by Yahoo Inc.

Alibaba Group is offering investors HK$13.50 ($1.74) in cash per share to take Alibaba.com private, the same price as at the company's IPO in 2007, the two firms said in a statement late on Tuesday.

 

bill




msg:4420299
 1:59 am on Feb 22, 2012 (gmt 0)

Alibaba is in a tough spot these days. Their reputation took a real shot with the amount of fraud that was taking place via their system. I see a lot of this fraudulent activity via my own account on the system. They really need to do something to police this activity.

All of that is depressing their stock value. It may take more than $2.5 billion to successfully pay off the remaining shareholders.

Global Options:
 top home search open messages active posts  
 

Home / Forums Index / Search Engines / Asia and Pacific Region
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved