Alibaba prepares an aggressive takeover of Yahoo!

Alibaba Group and Softbank Corp. are in discussions with several private-equity firms to achieve a takeover bid of entirely without the consent of the company, told Bloomberg sources close to discussions.



Alibaba and Softbank, in an effort to redeem their shares from Yahoo, seem to have become dissatisfied with the slow pace of talks with the company.



The two Asian companies will collaborate with several partners who have not signed confidentiality agreements with Yahoo on the holdings in the American company.



Yahoo hopes that, by convincing investors that they will not disclose holdings, to be able to sell small stakes without giving complete control over the company. However, the president of Alibaba, Jack Ma said he was "very concerned" to the acquisition Yahoo.