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via Geeky-Gadgets by Roland Hutchinson on 5/21/12
Yahoo has held a forty percent stake in Chinese e-commerce site Alibaba, and now Alibaba has decided to purchase half of Yahoo's stake back, in a deal worth over $7.1 billion US dollars.
In the deal Yahoo will get around $6.3 billion in actual cash and up to $800 million in new Alibaba preferred stock, and Yahoo will still retain around a 20 percent share in Alibaba.
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Original Story Yahoo Sells 20 Percent Alibaba Stake For $7.1 Billion
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