YHOO: Alibaba's IPO continues to draw closer:...

10:49 AM Alibaba's IPO continues to draw closer: Reuters reports the offering may come by year's end, and that Credit Suisse is expected to be a lead underwriter. Much like the Facebook IPO, look for the deal's prestige - Citi CEO Michael Corbat and other top bank execs have reportedly been meeting with Alibaba execs - to translate into low underwriting fees. The report comes shortly after Yahoo (YHOO) CFO Ken Goldman Yahoo (YHOO +0.5%) CFO Ken Goldman called his company's initial Alibaba stake sale "unfortunate," and stated Yahoo would like to avoid paying a giant tax bill the second time around. Read comments

YHOO price at time of publication: $25.88. Check YHOO price now »

Get Seeking Alpha notifications with our iPhone App | Android App | iPad App

Focus Articles on YHOO

• The E-Commerce Elephant Is Confined To The China Shop, But Not For Long by Paulo Santos
• With Marissa Mayer At The Helm, Is Yahoo Stock Now A Smart Buy? by Elisa Lemmola
• Yahoo Actually Has Remarkable Potential by Investor Aide

Press Releases on YHOO

• Yahoo! to Participate at the Bank of America/Merrill Lynch Global Technology Conference (Business Wire)
• Yahoo! to Acquire Tumblr (Business Wire)
• Yahoo! Granted Favorable Ruling in Mexico City Superior Court of Justice (Business Wire)

Related Articles on YHOO

• 5 Reasons I Wouldn't Want To Be Shorting Vringo Right Now by Justin Giles
• When To Sell High-Flying Stocks by BubbleBustInvesting
• Wall Street Breakfast: Must-Know News by Wall Street Breakfast

StockTalk on YHOO: YHOO StockTalk | Twitter YHOO | Twitter $YHOO | YHOO Instablogs

Recent Market Alerts on YHOO: All currents | Earnings | Dividends | M&A | On the move

Transcripts on YHOO

• Yahoo!'s CEO Discusses Q1 2013 Results - Earnings Call Transcript
• Yahoo! Management Discusses Q4 2012 Results - Earnings Call Transcript
• Yahoo! Management Discusses Q3 2012 Results - Earnings Call Transcript

---

Why are you receiving this? You subscribed to real-time Market Currents alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.

Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following YHOO: unsubscribe from all YHOO email alerts
This type of alert isn't helpful to me: unsubscribe from Market Currents (breaking news) alerts on YHOO

To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.

Prices in this email are BATS Last Sale quotes.

Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001