Global Market Reports

US newspaper round-up: Yahoo, Eaton/Cooper, Facebook…

Date: Monday 21 May 2012

“Yahoo Inc struck a deal late Sunday to sell up to half of its stake in Alibaba Group Holding Ltd. back to the Chinese company for $7.1bn, finally succeeding after multiple attempts to wind down a seven-year relationship that had recently soured. Under the agreement, Yahoo will sell up to half...

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