Friday 4 May 2012

Yahoo in talks to sell 15-25 percent of Alibaba: source

SAN FRANCISCO (Reuters) - Yahoo Inc could be weeks away from selling 15 to 25 percent of Alibaba Group's stock back to China's largest e-commerce company, in a deal designed to eliminate complexities that had scuttled the parties' previous negotiations, a person familiar with the matter said.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/Ag90ppR1CK4/net-us-yahoo-idUSBRE84401O20120505

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