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Stake

The Yahoo logo is seen on a sign outside of the company's headquarters in Sunnyvale. (Justin Sullivan/Getty Images)

Yahoo To Sell Half Its Alibaba Stake For $7.1 Billion

Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.

05/21/2012

The Yahoo logo is seen on a sign outside of the company's headquarters in Sunnyvale. (Justin Sullivan/Getty Images)

Sunnyvale Based Yahoo Nearing Deal To Sell Stake In Alibaba

The two companies have been in talks for more than a year.

05/20/2012

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