Site mobile version already available! Try it!x

Archive

Partner News


Alibaba buys back its shares from Yahoo!

Alibaba buys back its shares from Yahoo!May 21, 2012 | 10:23

Chinese Internet company Alibaba has agreed to buy back its 20% shares from the Yahoo! company. As a result of the deal Yahoo! will receive $7.1 billion.

Terms of the transaction provide to pay $6.3 billion to Yahoo!, as well as $800 million worth shares of Alibaba, Lenta.ru reports referring to the AFP.


News from Armenia - NEWS.am

Thank you for your comment. Your comment must be confirmed by the administration.

Related News

... last news on "Information Technologies"
Latest News

All news...  

All news...  

All news...  

All news...  

All news...