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Yahoo Could Wind Up in Chinese Hands

Submitted by gma on Mon, 01/02/2012 - 06:54

OK, so the U.S. has lost its leadership in the manufacturing category, but it still reigns supreme as the world leader in software and entertainment products.  But maybe not for much longer. Alibaba Group Holding Ltd. has hired the Washington, D.C. lobbying firm headed by former White House official Kenneth Duberstein as it explores a possible Yahoo takover. The hiring was disclosed in a December 23 filing.

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