Alibaba Halts Trading Following Yahoo Shakeup, Prepares "Price Sensitive" Statement
Facebook
Facebook
Twitter
Twitter
LinkedIn
LinkedIn
Email
Email
0 Comments
Comments
Tuesday's departure of chairman Roy Bostock and three other directors may be partly responsible for the flurry of activity. Bostock, as well as Yahoo co-founder and former CEO Jerry Yang, who left the company in January, were both resistant to selling the shares back to Alibaba. The changing board of directors at Yahoo may make the ongoing negotiations more favorable for the Asian conglomerate.
0 Comments
View Comments
E
Kyle A. Richardson
Author's page
Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.
Related Content
Comments