Alibaba (BABA) Takeover of Sina (SINA) Not Imminent
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UPDATE: Sina Corp (SINA) Gains Early
November 3, 2015 9:32 AM EST(Updated - November 3, 2015 9:39 AM EST)
Sina Corp (NASDAQ: SINA) sees early gains. Shares are up 3.8%.
UPDATE: Upside is related to rumors Alibaba (NYSE: BABA) may acquire the company. Shares are now up 6%.
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