May 31, 2012 04:18 PM

Bank Vaults Open as Alibaba Readies Yahoo Deal

By staff reporter Wang Shanshan and Washington correspondent Zhang Tao

(Beijing)–Silicon Valley sources were raising eyebrows a few months ago when buyback negotiations between China's largest e-commerce company Alibaba Group Holdings Ltd. and its minority stakeholder Yahoo Inc. got around to the matter of money.

The transaction was likely to cost Alibaba, led by Chairman and CEO Jack Ma, billions of dollars that skeptics in the industry said the Chinese company simply did not have.

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