NEW YORK, May 20 (Reuters) - Yahoo Inc is nearing a deal on Sunday to sell part of its stake in Alibaba Group back to the Chinese company for $7.1 billion, according to a source familiar with the ...

Yahoo has agreed to sell back half of its stake in Chinese e-commerce site Alibaba in a $7.6 billion deal, the two companies announced today. We knew the two firms had been close to finalizing the ...

SHANGHAI/NEW YORK (Reuters) - Yahoo Inc will sell as much as half of its 40 percent stake in Chinese e-commerce powerhouse Alibaba Group for $7.1 billion (4.48 billion pounds), ending years of ...

Struggling US firm Yahoo has announced a deal to sell part of its stake in China's largest internet company, Alibaba Group. Alibaba is to buy back half of the 40% stake owned by Yahoo, following ...