Yahoo! denies reports it will buy stake in China web portal co Sina, AFX, 28 Feb 2005

“Yahoo Inc (NASDAQ: YHOO - news) has denied reports that it plans to purchase a stake in Chinese web portal operator Sina in order to thwart a hostile takeover of Sina by online game company Shanda Interactive Entertainment (NASDAQ: SNDA - news) .
'Yahoo does not comment on market rumors,' said Yahoo China spokesperson Zhao Tanbing. 'Yahoo pays great attention to China's market and will increase investment in China,' she added, without offering further details.�

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