Courtesy of Benzinga.
Alibaba Group (ALBCF) is apparently holding discussions with Temasek Holdings about providing funding to buy back the 40 percent stake of the Chinese business-to-business e-commerce company owned by Yahoo (NASDAQ: YHOO), according to sources.
The deal could be part of a larger bid for Yahoo with participation by Silver Lake and Russia’s Digital Sky Technologies.
Read the full article here.
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