"Chinese e-commerce firm Alibaba is in advanced talks with investors to buyout a 39 percent stake in the company held by Yahoo to help ensure future independence, the Wall Street Journal reported Wednesday.
The plan is aimed at increasing Alibaba's management independence if software giant Microsoft Corp acquires Yahoo and as a result also obtains the large stake in Alibaba, the newspaper said, citing unnamed sources.
Alibaba executives are concerned that Microsoft's size and history of hands-on management could jeopardise its autonomy and its image as a Chinese company, it said."
http://news.theage.com.au/chinas-alibaba-plans-to-buy-yahooheld-stake-amid-microsoft-bid-report/20080320-20k1.html
Microsoft seems to have become the bully of the business world. When you have companies running to avoid being taken over......that's impressive.
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