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There are also whispers of a potential Chinese takeover with a Government backed bid by Baidu, a real possibility. The cash-rich Chinese Government could use some of its surplus to invest in Yahoo.
On Sunday, China's state-owned aluminium group Chinalco was given access to $120 billion to purchase Rio Tinto.
Although Baidu is a NASDAQ-100 listed company, the fact that it is an indigenous Chinese company and has fostered a close relationship with the Chinese government according to Wallace Cheung, a Hong Kong analyst at Credit Suisse Group (via Bloomberg).
Now could it be possible that the Chinese government financially backs a group of Chinese-based internet companies - including Alibaba.com, Baidu.com and Sina.com - to take over what has been the US's flagship website for more than a decade?
Apple could also be in the run as could News Corp, although it it very doubtful that they would be able to go in on their own; also both companies are relative new comers when it comes to web properties.
Only Microsoft has the cash to go ahead with such a purchase - both Apple and News Corp had gross profits hovering around $10 billion in 2007 and would have to rely on a significant shares exchange to buy Yahoo.
