Will Alibaba announce their IPO when Ma steps down?
Yahoo will see more than $3 if they sell all of their 35% stake in Yahoo Japan. If Yahoo can pull off a search deal with Google Yahoo will jump $3/share. I could see Yahoo going to $33 this year.
That's why Alibaba Group has stepped up the IPO process. Alibaba is choosing advisors today so Alibaba can announce their IPO when Jack Ma steps down on May 10.
Once all sides agree to a deal, the investment bank puts together a registration statement to be filed with the SEC. This document contains information about the offering as well as company info such as financial statements, management background, any legal problems, where the money is to be used and insider holdings. The SEC then requires a cooling off period, in which they investigate and make sure all material information has been disclosed. Once the SEC approves the offering, a date (the effective date) is set when the stock will be offered to the public.
$25 YHOO per share whether the IPO is valued at $40B, $60B or $80B. That's nonsense. Rethink what you said and correct it.