Rumors: Yahoo! to acquire Sina

Pacific Epoch editorial summary:

Yahoo! and Sina are secretly negotiating about the possibility of a merger, reports West China City Daily quoting an unnamed source. The insider said that negotiations have gone beyond preliminary discussions. According to the insider, after Yahoo! acquires Sina, Yahoo will restructure Yahoo! China. Sina president Wang Yan and Yahoo! China president Zhou Hongyi have both denied this rumor.

The Pacific Epoch report is here.

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