SAN FRANCISCO (Reuters) - Yahoo Inc plans to spin off its 15 percent stake in China's Alibaba Group Holding Ltd, responding to pressure to hand over to shareholders its prized e-commerce investment ...
SAN FRANCISCO — Yahoo has completed a long-awaited $7.6 billion deal with China's Alibaba Group, generating a windfall that could help ease the pain of Yahoo shareholders who have endured the ...
Yahoo has agreed to sell back half of its stake in Chinese e-commerce site Alibaba in a $7.6 billion deal, the two companies announced today. We knew the two firms had been close to finalizing the ...
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