Alibaba.com shares surge on privatization bid (AP)

[unable to retrieve full-text content]AP - Shares of Alibaba.com rocketed on Wednesday after the Chinese e-commerce site said its parent company made a $2.5 billion privatization bid as part of a shift in business strategy that also includes plans to buy back a stake from Yahoo Inc.

Source: http://us.rd.yahoo.com/dailynews/rss/asia/*http%3A//news.yahoo.com/s/ap/20120222/ap_on_hi_te/as_hong_kong_alibaba_privatization

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