Alibaba invites evaluation of adviser of lawyer finance affairs to buy pair of companies to affect
February 16, 2008
The message occupied Beijing time on Feburary 16 ” wall street daily ” website report, alibaba has invited adviser to evaluate the issue that buys Yahoo to concern with Microsoft, because Chinese government has expressed,will examine this agreement in detail. Alibaba manages a layer to also think, microsoft buys Yahoo to be able to gain a success.
Alibaba had invited lawyer and financial adviser to discuss to buy relevant issue with this, among them the most important is, how affect a board of directors form and strive for voting authority. Layer of Alibaba management is to stem from, if Microsoft buys Yahoo China government successfully to meet how the concern of look upon, and make this plan. Microsoft offerred 31 dollars on January 31 / buy price, board of directors of Dan Benzhou Yahoo rejected this quoted price.
Chinese administration has been contacted with Alibaba, want to understand Microsoft to buy the influence to Alibaba. Yahoo hold Alibaba the share of 39% , it is Alibaba’s largest stockholder, nevertheless right of administration controls the layer of Alibaba management that leads in Ma Yun all the time. But layer of Alibaba management is afraid, if Microsoft bought Yahoo,may shake its independent character.
Alibaba’s board of directors has 4 director, include the CEO Yang Zhiyuan of Yahoo. Another large stockholder is soft silver-colored group of Japan, this company hold Alibaba the share of 30% , also own a seat in the board of directors at the same time.
Tags: adviser, affairs, Alibaba, evaluation, finance, invites, Lawyer


