Comment on Yahoo closes $7.6 billion deal with Alibaba GroupparentComments−nagrom13yThey're actually retaining 20% of AliBaba, so your theory doesn't hold. More likely, AliBaba's management want to consolidate their independence and see the use of a cash reserve to boost share price as a good thing.
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They're actually retaining 20% of AliBaba, so your theory doesn't hold. More likely, AliBaba's management want to consolidate their independence and see the use of a cash reserve to boost share price as a good thing.