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Yahoo Shareholders to Get $3.65 Billion as Alibaba Completes $7.6 Billion Buyback

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Alibaba closed the repurchase of half of Yahoos interest in their business this week, in a deal worth $7.6 billion. Yahoo CEO Marissa Mayer announced a $3.65 billion payout for investors, with the remainder to be used for future growth.

 

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