Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by kolbe on Thursday April 14, 2022 @01:23PM
(#31030121)
There were still private transactions that valued Alibaba far lower that you claim. What justification do you have for your claim?
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by iheartblocks on Thursday April 14, 2022 @02:50PM
(#31031513)
What was the valuation of the private transactions and when were they?
Re:Elon Musk makes $43B unsolicited bid to take Twitter private
by kolbe on Thursday April 14, 2022 @03:49PM
(#31032382)
I amend my statement a little: They actually IPOed on the Hong Kong stock exchange in late 2007 before delisting in 2012. They IPOed at $10bn. They traded as high as $25bn the first day. But I have no other data.
https://www.reuters.com/article/tech-alibabacom-ipo-dc/aliba...
MSFT didn't offer $44B for Yahoo's internet business. The offer was in large part for the Alibaba stake.
Regardless, MSFT priced it all at around $44B, which is less than it eventually was valued at.