Alibaba Buys Back 20% Stake in Itself From Yahoo for $7 Billion
Alibaba Group Holding Ltd., China ’s largest e-commerce provider, agreed to repurchase about a 20 percent stake in itself from U.S. Web portal Yahoo! Inc. (YHOO) for about $7.1 billion. (here is more…) Related items Alibaba Said to Near Buying $7 Billion Stake From Yahoo Yahoo gains after Greenlight acquires …