Carol Bartz tells Reuters the Chinese tech firm “constantly” asks about buying out Yahoo’s 39% stake, but she’s not interested in selling, because “It’s very strategic.”
For Bartz, it is strategic. Owning a huge share of one of the most promising tech plays in the world makes sense.
Alibaba, on the other hand, doesn’t think Yahoo is a strategic partner. CEO David Wei says of Yahoo, “Why do we need a financial investor with no business synergy or technology?”
Earlier today, a report surfaced that Yahoo might sell its stake for $8 billion to $11 billion.
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