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yahoo pay $1 Billion and swaps Alibab.com


Alibaba.com chairman and CEO Jack Ma shakes hands with Yahoo Inc. COO Daniel Rosensweig (R) during a joint news conference in Beijing August 11, 2005. Yahoo Inc. said on Thursday it will pay $1 billion in cash and swap its China operations for a 40 percent interest in China's second-largest Internet auctioneer, Alibaba.com. REUTERS/Claro Cortes IV
Wednesday, August 17, 2005 at 4:19 AM
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