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Reports: Yahoo nears deal to sell stake in Alibaba
Published: 05/20/12 01:33 PM EDT
NEW YORK (AP) , Yahoo Inc. may finally be nearing a deal to sell a part of its prized stake in the major Chinese e-commerce provider Alibaba. Bloomberg Businessweek is citing unnamed sources in reporting that the struggling U.S. Internet company could announce as early as Sunday that it has reached an agreement to sell half of its 40 percent stake in Alibaba.

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