Alibaba issued an official statement for Yahoo Corp 8-K file

October 30th, Alibaba to NetEase technology to send a message, issued a statement for YAHOO 8-K file. YAHOO in Beijing on October 28 to the U.S. Securities and Exchange Commission submitted a 8-K document, announced that it has completed the strategic alliance with Alibaba. According to YAHOO submitted the 8-K file, YAHOO and Alibaba to do some modifications to the original signed "equity acquisition agreement" and stock awards, including YAHOO company acquired from the Alibaba reduced the number of shares, and the Alibaba to the sale of convertible bonds in the Softbank group. Alibaba's statement reads as follows:

Alibaba on YAHOO 8-K file statement

October 27th, Yahoo Corp submitted to the U.S. Securities and Exchange Commission 8-K documents, announced that it has completed the strategic alliance with Alibaba. According to the 8-K documents submitted by YAHOO, YAHOO and Alibaba on the original signing of the equity acquisition and offer shares agreement, the two stock purchase agreement and other relevant agreements to make some changes. But the amount of the total investment of YAHOO is still $1 billion and in the days before the account, the stock structure also did not make any change.

According to the agreement after the modification of the original YAHOO paid $180 million from the purchase of Alibaba issued 27703203 new shares to buy ordinary shareholders of the Alibaba (not including Softbank) the hands of 27703203 ordinary shares of Softbank paid $180 million from the original 27703203 ordinary shares to buy in the hands of the shareholders of the Alibaba to buy Alibaba to issue convertible bonds (convertible Alibaba into 27703203 common shares).

Prior to media reports, YAHOO pay less than $180 million Alibaba, is a misreading of the 8-K file, is hereby declared to be audio-visual