Yahoo (YHOO) and Alibaba (ALBCF.PK) have officially closed their $7.6B share repurchase deal....


Yahoo (YHOO) and Alibaba (ALBCF.PK) have officially closed their $7.6B share repurchase deal. Alibaba gets half of Yahoo's 40% stake back - it has the right to buy back half of the remainder if/when it IPOs - and Marissa Mayer now has $4.5B (post-tax) to potentially go acquisition-hunting with, following her decision to "review" plans to return the money to shareholders. Will Yelp (YELP) be in Mayer's crosshairs? Pinterest? Flipboard?
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Comments (4)
  • James Sands
    , contributor
    Comments (2637) | Send Message
     
    TravelZoo.
    18 Sep 2012, 12:09 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3121) | Send Message
     
    Yelp comes to mind. The lady at the helm is reportedly an inveterate shopper, so yes, shopping spree ahead.
    18 Sep 2012, 12:50 PM Reply Like
  • rtrain72
    , contributor
    Comments (3) | Send Message
     
    If the Money was returned to the shareholders, Would the 3.1B still be lost to TAXES ??
    18 Sep 2012, 02:37 PM Reply Like
  • Sam Liu
    , contributor
    Comments (3711) | Send Message
     
    Why would Yhoo bring the money back to the USA if it didn't have to be taxed
    18 Sep 2012, 02:49 PM Reply Like
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