Yahoo could still be able to close a hefty deal worth $25 billion after a consortium that includes Alibaba Group has shown interest to make a bid for the troubled search giant.
On Wednesday, the ailing firm first received a bid from a consortium led by Silver Lake, which included business partner and former bidder Microsoft, valuing Yahoo at around $20 billion.
Just one day after the offer, another consortium led by Blackstone Group and Bain Capital that includes Alibaba Group is mulling a new bid that could value Yahoo at $25 billion or equivalent to $20 per share.
In all likelihood, Microsoft is only after the search agreement with Yahoo rather than push for a complete take over.
Blackstone and Bain, especially with the expected bid amount, will likely go after the whole company, especially with Alibaba Group having intentions to buyout Yahoo’s 40 percent share of its own company.
The large stake in the Asian operations of the Alibaba Group is one of Yahoo’s treasures, but Alibaba, unlike the struggling firm, is a developing business.
In a statement to Reuters, Alibaba Group spokesman John Spelich said, “Alibaba Group has not made a decision to be part of a whole company bid for Yahoo.”













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