Alibaba Buys Back Over $7B Stake From Yahoo

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May 21 (Bloomberg) -- 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. for about $7.1 billion ahead of a potential initial public offering. Bloomberg's Jon Erlichman reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)

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