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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In November 2003, after due diligence, we announced our agreement to purchase 3721 for $120 million. The idea was simple: Combine the best of both companies into the new Yahoo China, which was projected to generate more than $25 million in revenue in 2004. search engine company Inktomi in 2002.

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How to Pull Your Company Out of a Tailspin

Harvard Business Review

Leaders who succeed at the job usually do so by combing through the company in search of noncore assets to shed, businesses to sell, activities to stop, functions to eliminate, and product lines to simplify, as Steve Jobs did when he took back the reins at Apple in 1997, and as Jørgen Vig Knudstorp, the CEO of Lego, did in 2004.