BY ANUPREETA DAS AND GINA CHON
Yahoo Inc. has been working on a new deal to sell a portion of its stake in Alibaba Group Holding Ltd. back to the Asian company, and a transaction could be completed within weeks, people familiar with the matter said.
At the same time, they cautioned, the two parties have failed to strike a deal numerous times in the past, and there is no guarantee a deal will be reached this time.
Still, they said, the current plan, under which Yahoo would pay taxes on its gains from the sale, is considered simpler and more doable than a previous effort ...
First they're looking to buy back just the 40%, then they're talking about a complete acquisition, now it's looking like 15-25%. I've no idea what's going on.
ReplyDeleteNot that it makes much difference to me. So long as the wholesale directory is still there, I don't much mind who owns what.