Shares of Yahoo have been on a white-knuckled roller-coaster ride since the company hired an investment banker to explore shareholder-juicing possibilities, including an outright sale. Reuters has claimed that Microsoft is considering another run at its search partner, but Bloomberg dissents. Who else might buy the dot-com giant?
Yahoo, which holds roughly 40% of Alibaba's Chinese parent, Alibaba Group Holding, had been pining for an IPO of the e-commerce giant's sister company, Taobao. Now, though, with a fraud probe underway, Yahoo's chances of cashing in on an IPO just got slimmer.
Alibaba.com plans to snap up fellow e-commerce company Vendio Services, marking the Chinese online giant's first U.S. acquisition as it seeks to expand its presence in America.
