Tim Culpan, Columnist

Time for Jack Ma to Step Up

This Plan B with MoneyGram isn't the one Alibaba's founder needs.
Photographer: Drew Angerer/Getty Images
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I guess a handshake with POTUS-to-be wasn't a help after all.

A year after Chinese billionaire Jack Ma met with U.S. President-elect Donald Trump, the founder of Alibaba Group Holding Ltd. has finally given upBloomberg Terminal on his bid to buy MoneyGram International Inc. for $18 per share.