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BRIEF-Yahoo announces commencement of tender offer to purchase up to $3 bln shares

May 16 Yahoo! Inc

* Yahoo announces commencement of tender offer to purchase up to $3.0 billion of its common stock

* Yahoo - to purchase for cash up to $3 billion shares at prices equal to "Alibaba vwap" multiplied by multiples specified by tendering stockholders between 0.370 to 0.420

* Yahoo - tender offer will expire on June 13, 2017 at 11:59 p.m., New York City time

* Yahoo - purpose of tender offer is to provide liquidity to a potentially significant number of stockholders that will be forced to sell their shares Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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