Alibaba founder Jack Ma is finally getting his way as Yahoo announced on Sunday that it will sell 20% of its 40% stake in the company back to Alibaba, a sale that will net the Silicon Valley company $7.1 billion. According to Yahoo and Alibaba the shares will be valued based on the following formula: [...]
Yahoo Selling Back 20% Of Its Alibaba Stake, Will Net $7.1 Billion is a post from: The Inquisitr
