[Reuters] Alibaba's Taobao at center of failed Yahoo deal: sources

Posted by: UGN Security

[Reuters] Alibaba's Taobao at center of failed Yahoo deal: sources - 02/15/12 08:57 PM

NEW YORK/SAN FRANCISCO (Reuters) - Yahoo Inc's efforts to craft a complex $17 billion asset swap with its Asian partners stumbled over how to value Taobao, the fast-growing online retail business owned by China's Alibaba Group, according to sources familiar with the matter.