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Yahoo reportedly seeking to sell $7b cut of Alibaba

By Brian Womack By Serena Saitto

 |  The Washington Post News Service with Bloomberg News The Washington Post News Service with Bloomberg News  

  May 19, 2012

Yahoo is in talks to sell about 20 percent of Alibaba Group Holding for about $7 billion, a deal that would cut by half its stake in China’s largest e-commerce provider, according to a person with knowledge of the matter.

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