$ 7.6 billion from Alibaba poured into Yahoo!

Alibaba Group (China) has announced it has completed the acquisition of half of its 40% stake in Yahoo !. holding up to $ 7.6 billion.
In particular, Alibaba said it had paid to Yahoo! Approximately $ 6.3 billion in cash and $ 800 million in preference shares in Alibaba Group. The remaining $ 350 million was paid in cash by Alibaba along with an agreement between the two companies to resolve intellectual property issues.
For its part, Yahoo! The announcement will pay shareholders $ 3.65 billion of the $ 4.3 billion after taxes levied on the deal with Alibaba.
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Yahoo! Headquartered in Sunnyvale, Calif., it spent $ 1 billion to acquire a 40 percent stake in Alibaba in 2005, a deal the international investors rated as successful, in the coming years. Accordingly, Alibaba has grown to become one of the world's largest Internet businesses.
In recent years, Yahoo! It's difficult to compete with rivals such as Google and Facebook. A series of high-level personnel changes has been part of Yahoo's restructuring effort.
With Alibaba acquiring half of its 40% stake, Yahoo! will continue to own a 23% stake in Alibaba, valued at $ 8.1 billion. With Alibaba, the company plans to launch public stock markets in the near future.