Alibaba, however, could pick up yahoo!'s business on the cheap.
34+ Alibaba Yahoo Deal Pics. Over the weekend, yahoo (yhoo) finally announced a deal with alibaba (otc:albcf) for the under terms of the deal, yahoo will sell up to half of its stake, or approximately 20% of alibaba's fully. Find the latest alibaba group holding limited (baba) stock quote, history, news and other vital information to help you with your stock trading and investing.
Alibaba Some Shadows Enormous Potential Growth For It And Yahoo As Ipo Nears Nyse Baba Seeking Alpha from static.seekingalpha.com
The reality is that this yahoo infamously sold half of its stake back to alibaba in 2012 through a deal that valued the shares. Yahoo shares have risen over 16 percent since the announcement of the deal. And alibaba group holding limited have announced they have entered into a definitive agreement.
The deal values alibaba at about $35 billion.
Over the weekend, yahoo (yhoo) finally announced a deal with alibaba (otc:albcf) for the under terms of the deal, yahoo will sell up to half of its stake, or approximately 20% of alibaba's fully. Why the yahoo stock price fell today (nasdaq: Yahoo has begun to cash out a large chunk of its considerable stake in chinese internet concern. Yahoo closes $7.6 billion deal with alibaba group.
