Yahoo! To Retain Larger-Than-Expected Stake in Post-IPO Alibaba - Presented by: The Aol. On Network

Yahoo! will not be selling as much of its stake in Alibaba as previously required. The internet giant announced Tuesday that it had requested, and Alibaba had agreed to, an amendment to the share repurchase agreement. That change would reduce the number of shares Yahoo! would need to sell in Alibaba’s IPO to 140 million from a previous 208 million shares.



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