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Yahoo! announced today it has reached an agreement with Alibaba Group on a staged and comprehensive plan to unlock the Yahoo's investment in Alibaba. The plan, which was announced in a release ...
SAN FRANCISCO - Yahoo (YHOO) is making amends for years of blundering with one smart move: An early investment in China's Alibaba Group (BABA) that has turned into a multibillion-dollar boon.
Now that Yahoo! Inc. (Nasdaq: YHOO) has sold most of its Alibaba stake, and cash-rich BABA just completed the biggest IPO of all time, will a major tech deal go down - as in, will Alibaba buy Yahoo?
Alibaba Group "constantly" approaches Yahoo about repurchasing its stake, Bartz told Reuters in a wide-ranging interview on Wednesday, but Yahoo has no plans to sell it.
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