Sept. 19 (Bloomberg) -- Herman Leung, an analyst at Susquehanna Financial Group in San Francisco, talks about Yahoo! Inc.'s decision to return to shareholders most of the proceeds from the sale of half its stake in Alibaba Group Holding Ltd.
Alibaba’s repurchase reduces Yahoo’s potential to benefit from growth in China, the largest Internet market. Still, it assuaged speculation that Chief Executive Officer Marissa Mayer would use the proceeds instead to pay for risky acquisitions. Leung speaks with Mia Saini on Bloomberg Television's "First Up." (Source: Bloomberg)