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Yahoo closes $7.6 billion deal with Alibaba Group

September 19, 2012
By MICHAEL LIEDTKE , THE ASSOCIATED PRESS

SAN FRANCISCO - Yahoo has completed a long-awaited $7.6 billion deal with China's Alibaba Group, generating a windfall that could help ease the pain of Yahoo shareholders who have endured the company's foibles during the past few years.

 
 

 

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