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.
March 15 GuoChuang Software Co Ltd:
* Says controlling shareholder proposed to pay a cash dividend of 1.2 yuan for every 10 shares and use additional paid-in capital to distribute 12 new shares for every 10 shares, as the dividend payment plan for FY 2016
Source text in Chinese:goo.gl/d2uviI
Further company coverage: (Beijing Headline News)
* Penalty is largest FTC has ever imposed for violating an order