Yahoo Closes $7.6 Billion Deal With China's Alibaba Group

China's Alibaba buys back half of Yahoo's stake
Reuters
China's Alibaba Group said it bought back half the stake Yahoo Inc owned in the company for about $7.6 billion, moving closer to an initial public offering.

Yahoo and Alibaba Close Long-Sought $7.6 Bln Deal Wall Street Journal - by David Benoit Barouh
Yahoo Closes $7.6 Billion Deal With Alibaba Group


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