Posts tagged as: repurchase

Court Martial proceedings against Brigadier Ali conclude

Court Martial proceedings against Brigadier Ali conclude Karachi: (Tuesday, June 26, 2012) Court martial proceedings against Brig Ali have concluded. Ali was arrested last year on May 6 on charges of instigating mutiny. Besides accused for initiating and encouraging muting within the army, he was also charged for trying to seize power through unlawful means […]

Yahoo! pens deal to sell back Alibaba Group stack – Part 1

Yahoo, Inc. has finally made the decision of selling its stake in Alibaba Group. The roots of the decision could be found to end up at the new Interim Yahoo CEO Ross Levinsohn. It was a long awaited choice that many experts had been suggesting for the beleaguering company. Now that it has been made […]

Yahoo! pens deal to sell back Alibaba Group stack – Part 2

At the minimum price, and assuming the repurchase of half of Yahoo’s stake, the company would receive $7.1 billion, including $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. Meanwhile, the deal sets up a “framework” for Yahoo to “monetize its remaining interest in Alibaba in stages…” …At the time […]

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