Yahoo Completes $1.25 Billion Offering

Published on November 26, 2013
by Kara Swisher

In a regulatory filing, Yahoo said that it completed its previously announced offering of $1.25 billion in convertible senior notes due in 2018. The Silicon Valley Internet giant said it would use the net proceeds for a number of corporate purposes, including “acquisitions or other strategic transactions, additional repurchases of common stock and working capital.”

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