By Saqib Iqbal Ahmed NEW YORK (Reuters) – Alibaba Group Holding Ltds record public offering of shares on Friday further spurred already elevated activity in Yahoo Incs options, pushing volume on the U.S. Internet company to a one-day record high. Shares of Alibaba, in which Yahoo holds a big stake, surged 38 percent in their […]
Alibaba Group Holding Ltds desire to keep tight control over its $21.1 billion share sale has left a vacuum at the helm of its banking syndicate, leading underwriters to take unusual steps to manage the offering, according to sources familiar with the situation. Facebook Inc, for example, had Morgan Stanley in that role, while Twitter […]
Chinese e-commerce giant Alibaba Group Holding Ltds management kicked off its two-week IPO marketing blitz on Monday with an early morning presentation to the combined sales forces of its six underwriters. Alibaba is seeking to raise more than $21 billion in an initial public offering that will value the company at up to $163 billion […]
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