Wednesday, December 21, 2011

Yahoo Discussing Plan to Cut Alibaba Stake to 15 Percent

Yahoo Inc. is discussing a plan to cut its stake in Alibaba Group Holding Ltd. to about 15 percent as part of a tax-free transaction valued at between $17 billion and $18 billion, according to people familiar with the matter.

Source: http://allthingsd.com/20111221/yahoo-discussing-plan-to-cut-alibaba-stake-to-15-percent/

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