Yahoo may rethink use of cash from Alibaba deal
SAN FRANCISCO, Aug 9 Yahoo Inc may re-evaluate plans for the cash it gets from a multibillion-dollar sale of half of its 40 percent stake in Chinese Internet company Alibaba Group.
April 20 Beijing Unistrong Science & Technology Co Ltd
* Says it plans to issue up to 1.0 billion yuan ($145.29 million) bonds
Source text in Chinese: bit.ly/2oO03m9
Further company coverage: ($1 = 6.8828 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)
* Penalty is largest FTC has ever imposed for violating an order