There is
informed sources that Yahoo
and Alibaba reach to an agreement may be a
few weeks. Yahoo will sell 15 percent to 25 percent stocks to Alibaba. Previous negotiations failed to
reach a consensus due to overly complex and this negotiations will remove these
obstacles.
The negotiating has been last a month.
Yahoo invested and held 40% stocks in Alibaba in 2005. They held several negotiations on share repurchases, Alibaba hopes to buy back some or all of Yahoo shares held.
The negotiations in February involving $ 17 billion tax-free assets, but failed to reach agreement.
This negotiations do not involve a tax-free assets, and more direct.
Last Thursday, Yahoo's CEO, Scott Thompson broke the academic fraud controversy. Yahoo investors Third Point has asked Thompson resigned on Monday.
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