Yahoo Gets To Keep More Of Its Stake In Alibaba
July 15, 2014 at 16:35 PM EDT
As part of today’s earnings release, Yahoo revealed that Alibaba is allowing it to keep a greater portion of its stake when it issues its initial public offering. Yahoo will be required to sell 140 million shares in the Chinese e-commerce company, compared to the 208 million the two companies agreed to last October. Read More