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| VIEW EVENT INFORMATION: Alibaba |
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Yahoo Reduces Planned Sale Of Alibaba Shares By 20%, Will Keep More Skin In The Game When It |
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About the organization Alibaba:
Type: Business
Sub-Types: Website, Advertising Agent, Retailing Agent, Computer Software, Search Engine, E-Commerce |
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Notable Organizations: Alibaba, Techcrunch
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| Today in conjunction with its third quarter earnings release, Yahoo announced that it has come to a new agreement with Alibaba that will force the company to sell less of its shares in the Chinese ecommerce firm when it goes public. The number of shares that Yahoo will be required to sell now totals 208 million.
That figure represents a 20.4 percent decrease on the former 261.5 million… |
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