Japanese Earthquake 2011
Mr Ma put forward three negotiations requirements with yahoo by Jion
According to the sound of the world economy, reported in the finance and economics “alibaba.com and yahoo’s pay treasure to battle between yahoo claimed the shareholding modification to pay treasure don’t know exactly how, in fact?
Mr Ma has responded by saying: about pay treasure shareholding modification in nearly three years, alibaba board in discussing this matter, yahoo every once participated in the discussions. In fact in early last year, pay treasure’ll have finished 70% of the equity transfer, this is discussed and agreed to by the board of directors. Yahoo had not mentioned objection, made no public disclosure, therefore it says uninformed is said not to the past.
As “a thousand readers have 1,000 Hamlet”, the public and public alibaba would brick be labeled as labels, surrounded by various interpretation. Just in the last month, the results show that the purpose of stores that pays treasure shareholding modification “change” incident, Mr Ma cadastral with his electronic business empire was again pushed eye. Public storm
In August 2005, yahoo to $1 billion plus yahoo China of all the assets of equity and gained its alibaba about 39% of the shares. Once was supposed unusually sweet “marriage”, now however because of two giants status change but rising waves.
The declining, because the accidental yahoo acquisitions, won the new forces “ali empire” control. Correspondingly, alibaba are suddenly found himself after rising no longer belong to oneself. Thus, yahoo and alibaba battle between the curtain control.
Mr Ma said that at present, both sides just interests problem didn’t settled. The interests of the company and the company battle between, currently in negotiations. Negotiations he myself three requirements, one is lily, the method must be 100% 2 it is must 100% transparent; Three is must ensure pay treasure to safety, long lasting, healthy growth.
SONY said on Monday, the company is located in the city more than shook greet part factory has restored production. So far, SONY’s by Japanese earthquake and tsunami and trauma of ten factories have all production resumed.
SONY released last week of earnings shows, because earthquake and tsunami that influence the lockout, the company ended March 2010 fiscal year 2011 as expected losses – 31 billion dollars.
Yahoo founder jerry Yang says, the negotiations are still in progress, “we need to meet the requirements for license issuing government, pay treasure to foreign owners must withdraw. From this Angle, we must know, we can get any compensation.” “The parties have agreed to ensure the basic pay treasure still will become the impetus, and taobao deal won China’s first online payment operation license.”
According to Forbes web site reported earlier this year, yahoo rejected Mr Ma proposed by $35 billion shares of alibaba group the buyback 15% offer.
Yahoo paid $10 billion six years ago to get about 40 per cent of equity alibaba group. But yahoo has been refused to sell alibaba stake. Similarly, for drive yahoo’s alibaba group will pay treasure ownership transferred to a domestic company jack ma holdings, public reason is to meet the requirement of government withdraw the third-party foreign.
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