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According to reports from the Securities & Exchange Commission (SEC), Yahoo acquired Maktoob for $164 million in cash —almost double the amount that had previously been widely reported, according to the company’s 10K, which was just filed with the SEC.
The filing includes other details about the company’s purchases and divestments. Among them: Yahoo says it spent $30 million on two other acquisitions last year.
Yahoo also generated net proceeds of $120 million by selling its stake in Korean auction business Gmarket to eBay and $145 million from selling its investment in Alibaba.com.
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