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Yahoo is scrapping its original plan to spin off its prized stake in China's Alibaba Group.
Yahoo is scrapping its original plan to spin off its prized stake in China's Alibaba Group.
NEW YORK (AP) — Yahoo is scrapping its original plan to spin off its prized stake in China's Alibaba Group and will instead break off the rest of its business into a new company. The change of ...
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.
With a 25% stake in Alibaba, Yahoo! is about to become a very rich company. Yet, despite the likelihood of Yahoo! trading with a price-to-cash ratio below one, many have observed the fundamental ...