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Alibaba files to sell up to $24.3 billion in stock, biggest US IPO ever
CNBC ^ | September 5, 2014 | Staff

Posted on 09/07/2014 10:13:06 PM PDT by 2ndDivisionVet

(VIDEO-AT-LINK)

Chinese e-commerce giant Alibaba on Friday filed to sell up to $24.3 billion in stock, making it the biggest U.S. initial public offering ever.

Alibaba is selling 123 million of the 320 million American Depositary Shares slated for the IPO at between $60 and $66 per share, according to a filing. Shareholders including Yahoo, Ma and executive vice chairman Joe Tsai are offering the remainder.

Yahoo cut its stake in the company to 16.3 percent from 22.4 percent and SoftBank cut its stake to 32.4 percent from 34.1 percent earlier, Dow Jones reported....

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs
KEYWORDS: alibaba; china; clinton; economy; hillary; imports; ipo
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To: 2ndDivisionVet

I tried to order inflatable ducks for my car washes

From China

About 16 foot

Never delivered but took my 899.00


21 posted on 09/08/2014 6:44:37 AM PDT by wardaddy (Ferguson MO...but i thought blacks went north to escape the racism of mean ol southerners)
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To: wardaddy

Open Sesame...Close Sesame!

perhaps the story of alibaba and the forty thieves might play into this


22 posted on 09/19/2014 9:25:02 AM PDT by MeshugeMikey (Please RESIGN Mr. President Its the RIGHT thing to do_RETIRE THE REGIME!)
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To: MeshugeMikey

Yes

And built on Red Labor


23 posted on 09/19/2014 3:55:13 PM PDT by wardaddy (Ferguson MO...but i thought blacks went north to escape the racism of mean ol southerners)
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To: 2ndDivisionVet
Meet the new "sugar daddies" for Hillary and the Clinton Machine:

Alibaba

Jack Ma

Joe Tsai
24 posted on 09/22/2014 11:37:58 AM PDT by indthkr
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To: indthkr

Fits the narrative. Ping me for the civil war.


25 posted on 09/22/2014 11:50:57 AM PDT by 2ndDivisionVet (The question isn't who is going to let me; it's who is going to stop me.)
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To: 2ndDivisionVet
Fits the narrative.

Note the cast of characters here
"Among this year’s scheduled attendees....."
26 posted on 09/22/2014 12:48:21 PM PDT by indthkr
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