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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
05/21/201313:29:49TECH STOCKS: Apple Turns Positive; Yahoo Gains
05/21/201312:29:18TECH STOCKS: Apple Weighs Down Techs; Yahoo Gains
05/20/201316:54:08MARKET SNAPSHOT: U.S. Stocks Drop, Retreating From All-time Highs
05/20/201316:43:34TECH STOCKS: Yahoo's Deal For Tumblr Heads Tech's Day
05/20/201314:31:09MARKET SNAPSHOT: U.S. Stocks Slip After Hitting All-time Highs
05/20/201312:58:51MARKET SNAPSHOT: U.S. Stocks Grind Higher To All-time Highs
05/20/201311:07:38TECH STOCKS: Yahoo Shares Edge Up After Tumblr Deal
05/20/201310:30:04Yahoo to Buy Tumblr for $1.1 Billion in Cash -2-
05/20/201310:11:52MARKET SNAPSHOT: U.S. Stocks Waver; Deal News, Fed In Focus
05/20/201309:29:17U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
05/20/201308:50:10Yahoo to Buy Tumblr for $1.1 Billion in Cash
05/20/201308:40:05Yahoo to Acquire Tumblr for $1.1 Billlion in Cash
05/20/201306:28:41MARKET SNAPSHOT: Stock Futures Flat; No Data, Fed's Evans To...
05/17/201320:02:21Source Says Yahoo CEO Mayer to Announce Updates to Flickr Site...
05/16/201317:22:41TECH STOCKS: Cisco Surge Fails To Sustain Tech Rally
05/16/201316:48:41TECH STOCKS: Cisco Surge Ignites Tech Rally; AMD Slides
05/16/201310:59:25TECH STOCKS: Cisco Sparks Networking Rally, AMD Falls
05/15/201317:26:10ComScore: Google's Top Ranking in U.S. Internet Search Slipped...
05/14/201316:43:34TECH STOCKS: Microsoft, Yahoo Lead Slate Of Tech Gains
05/14/201313:26:32TECH STOCKS: Yahoo Leads Techs Up; BlackBerry, Nokia Fall

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