• Alibaba Buys Self Back from Yahoo for $7B

    Alibaba Buys Self Back from Yahoo for $7B

    Yahoo has sold back half of its stake, giving up majority share, of Alibaba in a deal that will see $7 billion change hands.  The move is part of a multi-billion dollar buyback from Yahoo so that Alibaba can eventually issue an initial public offering (IPO). The announcement is expected to come from the Hong
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