SAN FRANCISCO (AP) — Yahoo is scrapping its original plan to spin off its prized stake in China's Alibaba Group and will instead explore an alternative breakup that could make it easier to eventually ...
Yahoo confirmed Wednesday that it will not pursue a planned spin-off of its stake in Alibaba and will instead look into the reverse: spinning off its core business and Yahoo Japan shares. The decision ...
Yahoo has formally abandoned plans to spin off its $31 billion stake in Chinese Internet giant Alibaba. The troubled Internet company will instead do a reverse spinoff of its other assets, putting ...
Yahoo CEO Marissa Mayer is spinning off the company's prized stake in China's Alibaba Group Holding in a move that will enable Yahoo to avoid paying billions of dollars in future taxes. A newly formed ...
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