Yahoo’s Alibaba Windfall: A $15 Billion Payday?
May 7 (Bloomberg) -- Yahoo is selling 208 million shares, or about 40 percent of its Alibaba stake, in the Chinese Internet company’s upcoming initial public offering, and could generate in excess of $10 billion in the process. That would more than double Yahoo’s cash stockpile. Cristina Alesci reports on Bloomberg Television’s “In The Loop.” (Source: Bloomberg)
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