 Jakarta Post | Yahoo Agrees to Sell Back Partial Stake to Alibaba PCWorld By Michael Kan, IDG News Yahoo has agreed to sell off about half of its stake in Alibaba Group back to the Chinese e-commerce giant as part of a US$7.1 billion deal, the two companies jointly announced on Monday. The sell off means Alibaba will buy ... Alibaba Buys Back $7.1 Billion Stake From Yahoo as IPO Looms Euro-zone pressure, Yahoo, Lowe's in focus Stocks to Watch: Yahoo, Nasdaq OMX Group, Facebook |
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