After an hour, Yahoo will take a 35 percent stake in Hangzhou, China-based Alibaba for $1 billion, including cash and the total asset of Yahoo China, reported Red Herring. Friend Marc also reported here.
Interestingly, Sina's headline about the story is "Alibaba will buy the whole Yahoo China this afternoon".
Wow, Amy wonder what the word "buy" means in the Wall Street. Without spending a cent, you could buy something, right?
2 comments:
I think here "buy" is means annex.
Yahoo! get Alibaba's 35% of stock, and Alibaba got Yahoo! china crop.
So you can say Alibaba buy Yahoo! China Crop.
sorry but I could not agree. In some extent, it is just an exchange deal, instead of "buy". coz buy itself is an too general word, it could be buy wholy, also buy partly, right?
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