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Alibaba May Get $1 Billion Loan For Yahoo Buyback

Alibaba Group Holding Ltd. will sign a $1 billion, four-year term loan with about seven banks on a club basis to fund a 20% stake buyback from Yahoo! Inc. (YHOO), Bloomberg News reported Tuesday, citing an unnamed source. Separately, China Development Bank Corp. will provide a $1 billion four-year loan, the report said. The report didn't say if Alibaba, Yahoo or the underwriting banks were sought for comment. Full story: http://www.bloomberg.com/news/2012-07-09/alibaba-said-to-get-1-billion-club-loan-for-yahoo-stake-buyback.html

Stock News for Yahoo! Inc. (YHOO)
DateTimeHeadline
07/29/201617:33:40Statement of Changes in Beneficial Ownership (4)
07/29/201617:29:59Statement of Changes in Beneficial Ownership (4)
07/29/201617:26:57Statement of Changes in Beneficial Ownership (4)
07/29/201617:24:22Statement of Changes in Beneficial Ownership (4)
07/28/201616:33:52Statement of Changes in Beneficial Ownership (4)
07/28/201603:03:00Keywords: What Yahoo's Failures Can Teach Web Leaders -- WSJ
07/27/201617:09:43Statement of Changes in Beneficial Ownership (4)
07/27/201616:56:00The Lesson of Yahoo's Fall: Focus on What You Do Best
07/27/201616:33:18Additional Proxy Soliciting Materials (definitive) (defa14a)
07/27/201611:30:31Additional Proxy Soliciting Materials (definitive) (defa14a)
07/27/201603:04:00Verizon Battles Subscriber Slowdown -- WSJ
07/27/201603:03:00Mayer Stands at Career Crossroads -- WSJ
07/26/201621:02:00After Yahoo, Marissa Mayer May Have to Wait for Another CEO Chance
07/26/201617:25:47Additional Proxy Soliciting Materials (definitive) (defa14a)
07/26/201615:24:00Verizon Revenue, Subscriber Growth Decline -- Update
07/26/201613:10:00Verizon Sets Sights on Facebook, Google
07/26/201613:04:00After Yahoo, Marissa Mayer May Have to Wait for Another CEO Chance
07/26/201612:51:00Verizon Sets Sights on Facebook, Google --Update
07/26/201610:37:00With Yahoo Deal, Verizon Sets Sights on Facebook, Google
07/26/201608:30:00Verizon Results Dented By Worker Strike

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