2012年5月7日星期一

There is news that Yahoo would sell 15% -25% stocks to Alibaba


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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