back to article Yahoo! gets! $7.1bn! injection! from! Alibaba! stake! sale!

Chinese e-commerce biz Alibaba has signed a deal to buy back half of Yahoo!'s 40 per cent stake in the company, marking the beginning of the end of their partnership. The web bazaar will fork out $7.1bn (£4.4bn) for the 20 per cent holding with the option to grab back the remaining stake if it later goes public with its stock. …

COMMENTS

This topic is closed for new posts.
Silver badge
FAIL

Way to go guys

So Yahoo are dying on their feet - albeit slowly and the best thing they can think to do with the cash from this is "return it to shareholders".

Way to go guys - god forbid you might actually use it to fund another round of investment or actually supercharge your R&D. A 700% ROI is pretty good by anyones measure.

/slowhandclap

0
0
Stop

Re: Way to go guys

Yahoo is a sink, why pour more money down it? Shareholders need some love given the gradient of their stocks graphs at the moment.

1
0
Silver badge

Re: Way to go guys

Amen to that, given the company haven't done a GD thing of note in the last few years that wasn't firing executives or turning down amazing buyout offers, returning the money to shareholders is a) a no brainer and b) probably the last chance saloon for investors to see some money back.

0
0
Facepalm

Not dead yet!

like monty python's famous grail line. This also reminds me of SCO. How many times did they rise from the dead?

0
0
This topic is closed for new posts.

Forums