Yahoo's Stock Rises Even More As Alibaba Revises Its Offering Price |
| September 18, 2014 | September 2014 Bond Updates |
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Given the strong reception to the roadshow, Alibaba managemenet and its bankers have increased and narrowed the planned range of the offering from $60-$66 range to $66-$68 per American Depository Receipt. Considering the enormous interest in Alibaba's offering, this revision will add 10% to 3% to Alibaba's valuation at the lower and higher end of the offer price band. |
| View more at: http://www.forbes.com/sites/greatspeculations/2014/09/17/yahoos-stock-rises-even-more-as-alibaba-revises-its-offering-price/ |
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