Yahoo is still working hard to turn some or all of its Asian assets into cash.
According to Reuters, Yahoo is currently considering a complex deal in which it would sell back slightly more than half of its stake in China's Alibaba Group--specifically, shares equivalent to about 25 percent of Alibaba. Yahoo acquired a 40 percent stake in Alibaba in 2005 for $1 billion, and could stand to make more than $8 billion in the deal.
Of course, nothing is ever simple with Yahoo, and the deal it's putting together with Alibaba is no exception. Yahoo would only … Read more