Alibaba to Acquire Online Video Giant Youku Tudou

World Screen November 6, 2015 Top Stories

BEIJING/HANGZHOU: Alibaba Group is acquiring Youku Tudou in an all-cash transaction. In October, Alibaba offered to acquire all outstanding shares of Youku Tudou that it does not already own for $26.60 per American Depositary Share (ADS). With the new offer at $27.60 per ADS, Alibaba will end up paying around $3.67 billion for the online …

The content you are trying to access is only available to members.

Alibaba Youku Tudou 2015-11-06