There is a strong rumor that Yahoo may sell its 39% stake in Alibaba Group, for which it might get as much as US$11 billion. According to Wall Street Pit, Susquehanna Financial analyst Marianne Wolk stated in a research note that Yahoo’s sale of its stake in Alibaba Group "could be imminent." She feels that such a move would increase the attractiveness of shares in Yahoo, which would be easing its way out of being a conglomerate where it has little or no control over investments representing as much as 43% of its net income.
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