Yahoo, Alibaba End Years of Bickering With $7B Deal

Yahoo will sell back up to half its 40% stake in Chinese company

By Matt Cantor,  Newser Staff

Posted May 21, 2012 6:45 AM CDT

(Newser) – It's a resolution for what All Things Digital's Kara Swisher calls "perhaps the longest running global cat fight in Internet history": In a $7.1 billion deal, Yahoo is selling back up to half its 40% stake in China's Alibaba, the...   Read full story »


NEWS FROM OUR PARTNERS
Other Sites We Like:   The Street   |   MSN Living   |   PopSugar Tech   |   RealClear   |   24/7 Wall St.   |   Biography   |   Barstool Sports   |   OK!