Reuters: Technology News: Alibaba in talks to raise $2.3 billion equity for Yahoo deal: sources

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Alibaba in talks to raise $2.3 billion equity for Yahoo deal: sources May 21st 2012, 06:18 Employees play table tennis inside the headquarters office of Alibaba (China) Technology Co. Ltd on the outskirts of Hangzhou, Zhejiang province in this May 17, 2010 file photograph. Yahoo Inc shares rose as much as 6.7 percent on May 18, 2012 after a report that it was close to selling part of its valuable stake in the Alibaba Group. Yahoo and Alibaba Group, the Chinese Internet group that runs e-commerce site Alibaba.com, are close to an agreement that could happen as soon as Monday, according to a report in All Things D, citing unnamed sources. Credit: Reuters/Steven Shi/Files

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