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Mergers & Acquisitions

May 22, 2012

Dealmakers

A roundup of recent M&A and financing activity and the lawyers involved.


MERGERS & ACQUISITIONS

Skadden represents Yahoo in $7 billion sale of 20 percent stake in holding company


Sunnyvale-based Yahoo Inc. announced the $7.1 billion sale of its 20 percent stake in Alibaba Group Holding Ltd. back to the Chinese Internet company, with plans to eventually divest the rest. The transaction is subject to customary closing conditions. Representing Yahoo in the transaction was a team of attorneys from Skadden, Ar...

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