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Monday, September 20, 2010 to repurchase shares from Yahoo!

Yahoo! holds a 40% stake in, China's leading B2B e-commerce site and PayPal player. The company has 300+ million users.

Back in 2005, Yahoo! paid a billion dollars for its 40% stake. Today, Jack Ma, Alibaba’s founder, is looking to buy back part of the company’s shares and the deal is anticipated between $4 billion and $11 billion.

Yahoo! reportedly refused their first takeover.