In an article in Forbes, Eric Jackson of Ironfire Capital LLC said that after talking with large shareholders of Yahoo! Inc. (YHOO), he speculates that the struggling search engine company will be acquired by either Chinese e-commerce giant Alibaba Group Holding Ltd or Japan-based Softbank Corp (SFTBF).
By Zvi Bar:According to the Nikkei newspaper, Softbank Corp (SFTBF) and (SFTBY), Japan's third largest mobile phone company, is in talks to buy a controlling stake of Sprint Nextel (S) for more than 1 trillion yen, or about $12.8 billion. Softbank replied to certain media coverage by stating that:
TOKYO (Reuters) - Japanese mobile phone carrier Softbank Corp is in talks to buy more than two-thirds of U.S.-based telecoms company Sprint Nextel Corp , Japanese public broadcaster NHK said on Thursday. (Reporting by James Topham; Editing by Edmund Klamann)