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YAHOO ANNOUNCES PRICING OF UPSIZED OFFERING OF $1.25 BILLION CONVERTIBLE SENIOR NOTES DUE 2018

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November 20
9:28 PM 2013
  • Yahoo Inc. Announces pricing of upsized offering of $1.25 billion convertible senior notes due 2018.
  • Yahoo said offering was upsized from the previously announced $1.0 billion aggregate principal amount of notes and will be convertible into cash, shares of yahoo's common stock or a combination of cash and shares of common stock.
  • Yahoo added that it expects to use approximately $100.0 million of the net proceeds from the offering to repurchase shares. 

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