APPOINTMENT OF A NEW CEO MAKES THE SALE OF THE US ONLINE GIANT'LIKELY'
E-commerce company Alibaba may not find it easy to buy Yahoo after the largest us web portal appointed a new chief executive office, analysts said.
Scott Thompson as chief ececutive officicer said on wednesday, and has directed toe former president of Ebay,PayPal unit to complete a strategic review and reverse a slump in growth that led to the ousting of Carol Bartz in september.
The new CEO need to assess options that include divesting its Asian assets and selling a stake in itself to private equity companies. and appointment makes the sale of all Yahoo less likely.
Yahoo considerate a wid range of opportunities for the company's bussiness as well as specifc investments or dispositions of assets.
Alibaba said it looks forward to working with Yahoo's new chief executive to deliver value to yahoo shareholder.
Bloomberg new And China Daily
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