Reuters alone on Alibaba Group founder's involvement in Yahoo restructuring plan

Shares of Yahoo jumped as much as 7 percent and finished the day up 4 percent, even as the broader market fell, after Reuters reported on Nov 9 that Alibaba Group founder Jack Ma had been approached about joining a private equity group trying to mount a bid for faded search giant Yahoo. Bloomberg and Dow Jones couldn`t match the story and had to cite the Reuters report in their coverage, and CNN carried the story, again citing Reuters, as the lead story in their pre-market business report. Reuters also broke news that Ma was approaching private equity investors himself, trying to assemble a special fund that could buy up the 40 percent stake in his Alibaba Group held by Yahoo.