Yahoo, Alibaba deal talks flounder – reports
Negotiations between Yahoo and Alibaba over the US firm’s potential divestment of its stake in the Chinese e-commerce giant are said to have reached an impasse. There are conflicting reports as to the cause of problems, but some suggest it rests on whether a deal structure that minimizes Yahoo’s tax exposure from the sale is still available.
"Over the last few days in Hong Kong, it became evident that they don't really have a desire to do this deal," a source told Reuters, dismissing speculation that both sides might have split on valuation...
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