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bill - 1:49 am on Feb 15, 2012 (gmt 0)
Yahoo’s Talks With Alibaba and Softbank Said to Have Collapsed [dealbook.nytimes.com]
Yahoo‘s talks to sell back most of its stakes in Alibaba of China and Yahoo Japan to its Asian partners have collapsed, according to people briefed on the matter.
The sudden and unexpected development raises new questions about the future of Yahoo, which had counted on completing the deal to raise billions of dollars that the embattled online company could use to reshape its operations.