Absrtact: Despite all the uncertainties, Wall Street will still hope to revive Yahoo on Mr Ma (Weibo) and Alibaba Group behind him. Recently, news has emerged that Alibaba Group is with Silver Lake (SLP) and Russia's largest internet investment Group D
Despite all the odds, Wall Street will still hope to revive Yahoo on Mr Ma (Weibo) and the Alibaba Group behind him.
Recently, there are news that Alibaba Group is with Silver Lake (SLP) and Russia's largest internet investment group, DST discussed a joint takeover of Yahoo. Just last week, Ma Yun, speaking at Stanford University, said he was "very interested" in acquiring Yahoo, and said: "Because Alibaba Group is an important asset of Yahoo, Yahoo's assets are important to Alibaba, Internet users and the industry as a whole." So we're interested. "
At present, Alibaba Group 40% of the stake is owned by Yahoo, after Alibaba and Yahoo tried to ditch the issue of stock repurchase, but this idea has not been in-depth, if Alibaba can successfully buy the United States Yahoo, can solve the problem once and for all.
Mizuho Securities analyst Muzhi Li believes Mr Ma is trying to buy Yahoo to expand management's voice in the group. But the Wall Street Journal believes that the takeover may be the ultimate choice for Yahoo, and Mr Ma is the only person with the boldness and wealth to take this action. Yahoo's share price has fallen by 19% since this year.
Kara Swisher, a prominent Wall Street woman, Swither with Mr Ma in an essay mocking CEO Chen. In this article, Carla believes that Mr Ma has gained the recognition and confidence of the investment community, otherwise there will not be Silver Lake and DST decided to invest 1.6 billion of dollars to support MA. Carla at this year's D9 conference interviewed Ma Yun, when she asked whether Ma Yun is willing to buy Yahoo, Ma Yun said: "I would like to, if someone will lend me money." "
"If Mr Ma can buy Yahoo, he may be able to revive Yahoo's performance," says Herman Leung of Susquehanna Financial Group. He also said that from a strategic value point of view, Alibaba and other partners to buy Yahoo will be of great significance.
But the takeover could be opposed by the US government. The Fortune magazine also recently wrote that the news of the takeover had caused a stir in the US and that some U.S. lawmakers might have prevented Yahoo from being bought by Alibaba, the Chinese company, for political reasons. But Fortune magazine says those who oppose Alibaba's takeover of Yahoo are "wrong", the authors say, if we let Mr Ma have the strength, devotion, intelligence, and perhaps a set of entrepreneurs to revive Yahoo's US strategy, simply because of so-called "privacy" or national security issues. "Then we are so stupid!"
"Wealth" argues that the United States now desperately needs direct investment from China and is desperately in need of Chinese investors and companies to buy sluggish industries and develop their operations in the United States to spur the growth of the U.S. economy and even to provide more job opportunities. As a result, wealth calls for not too many political factors to affect the normal commercial takeover.
Gary Hufbauer, an international investment expert at the Peterson Institute for International Economics, believes Mr Ma will need to submit a report to the U.S. government first, but his chances of passing the review should be 50%.