Alibaba might block Yahoo-Microsoft deal

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MAGNeT

Galvanizer
Does not want Microsoft

Yahoo's Chinese partner, Alibaba will do its best to stop Microsoft taking over Yahoo.

According to Reuters and a report in the Wall Street Journal, Alibaba can force Microsoft to hand over more cash, although it could not stop Redmond if it was determined to push through the deal. However forcing Microsoft to hand over more money could kill off the deal. Redmond shareholders are already starting to squeal that the deal is costing them too much.

Alibaba claims that Microsoft has a bad reputation for monopolistic tactics in China. It has hired advisers to help it negotiate for expanded management independence if Yahoo is bought out by Microsoft.

Fudzilla - Alibaba might block Yahoo-Microsoft deal
 
Hardly. Basically, they realize that they too, can extract concessions. Expect major shareholders all around ask for more money/benefits in some way.

When money changes hands, commission is bound to be paid don't you think? ;)
 
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