Yahoo gains $7.1B in stock, cash in Alibaba share buyback

Source: Electronista

Search engine gets $6.3B in cash, $800M in stock, more Alibaba , a Chinese-owned e-commerce giant, has bought half of Yahoo's stake in the company through a buyback deal. The previously speculated arrangement, ...
Full article at: Electronista  More like this  2 days ago, 7:42pm CDT

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Yahoo Taking Baby Steps in Leveraging Assets

Source: Investor Uprising

Yahoo Inc. (Nasdaq: YHOO) continues to reposition itself with a deal to sell back half of its 40 percent stake in Alibaba.com Hong Kong Ltd. Exiting this investment is but one of many steps Yahoo is like ...
Full article at: Investor Uprising  More like this  3 days ago, 2:38pm CDT

Alibaba to repurchase 20% holding from Yahoo for $7.1b

Source: China Daily

China's e-commerce giant Alibaba Group Holding Ltd on Monday announced it would buy back some 20 percent of its equity from Yahoo Inc for about $7.1 billion, a move seen as paving the way for an initial public offering. Although the group s ...
Full article at: China Daily  More like this  3 days ago, 7:08pm CDT

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Yahoo to Sell Half of Alibaba Stake for $7.1 Billion

Source: Search Engine Watch - Blog

Yahoo has agreed to sell its half of its stake in Chinese e-commerce firm Alibaba back to the company in a deal worth $7.1 billion. Yahoo currently holds a 40 percent stake in Alibaba, but will be able to reduce ...
Full article at: Search Engine Watch - Blog  More like this  4 days ago, 1:33pm CDT

Yahoo reaches agreement with Alibaba Group

Source: B to B Online

Sunnyvale, Calif.—In an apparent end to months of wrangling, Yahoo Inc. and Alibaba Group Holding, a Chinese e-commerce company for small businesses, have reached an agreement in which Yahoo will receive at least $7 ...
Full article at: B to B Online  More like this  4 days ago, 1:01pm CDT

Yahoo Cashes Out of Alibaba

Source: E-Commerce Times

Yahoo (Nasdaq: YHOO) will sell half its stake in Chinese e-commerce heavyweight Alibaba back to the company for about US$7.1 billion, setting in motion a deal that will send cash toward Yahoo shareholders. The deal will take place in mul ...
Full article at: E-Commerce Times  More like this  4 days ago, 1:01pm CDT

Alibaba Deal Cheers Investors: What Does It Means For Yahoo?

Source: iStockAnalyst

(By Mani) The wait is over for the investors of Yahoo, Inc. (NASDAQ:YHOO) as the California-based internet firm took a key step towards monetizing its valuable Asian assets. Yahoo agreed to sell half of its 40 percent stake in Alibaba Group back t ...
Full article at: iStockAnalyst  More like this  4 days ago, 12:43pm CDT

Yahoo Divests Half Its Alibaba Stake For $7.1 Billion

Source: TechWeb

Yahoo interim CEO Ross Levinsohn wasted little time putting his stamp on the company. The struggling Internet portal said Sunday that it agreed to return half of its 40% stake in Alibaba to the Chinese Web operator in a deal ...
Full article at: TechWeb  More like this  4 days ago, 12:08pm CDT

Alibaba buys back $7.1b stake from Yahoo as IPO looms

Source: Gulfnews

San Francisco: Alibaba Group Holding, China's largest e-commerce provider, agreed to repurchase about a 20 per cent stake in itself from US web portal Yahoo! for about $7.1 billion (Dh26 billion) ahead of a pote ...
Full article at: Gulfnews  More like this  4 days ago, 11:38am CDT