Talks between Yahoo and China’s Alibaba Group over Yahoo’s Asian assets have come to a stand-still, throwing plans for a $17 billion tax-free asset swap into question, writes Reuters. The hitch in negotiations came on the same day activist investor Daniel Loeb, of hedge fund ThirdPoint, sought to install his own directors on Yahoo’s board, [...]
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High net worth individuals are in and VC firms are out. That’s the showing from SecondMarket’s Q1 private stock data, which the auction system released today. After making 40% of investments conducted on SecondMarket’s platform in the fourth quarter of 2010, VC firms accounted for none of its transactions to start 2011. High net worth [...]