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Latest Yahoo Buy-Out Resurface Global Stories

Alibaba Seeks $4B Debt-Financing As Rumors Of Yahoo Buy-Out Resurface
2011-12-09 05:33:42

Global markets are abuzz as reports emerged Thursday that the Chinese e-commerce titan the Alibaba Group will try to finance as much as $4 billion of debt in an attempt to buy back Yahoo’s 40 percent stake in their company.


Word of the Day
swell-mobsman
  • A member of the swell-mob; a genteelly clad pickpocket. Sometimes mobsman.
Use of the word 'swell-mobsman' dates at least to the early 1800s.