Ron Burgundy Posted February 4, 2015 Share Posted February 4, 2015 Yahoo announced last week about a tax-free spinoff of its 15 percent stake in China's Alibaba into a newly formed independent registered investment company responding to pressure to hand over to shareholders its prized e-commerce investment valued at roughly $40 billion. Yahoo had then said the new entity would include its 384 million shares in Alibaba as well as an unspecified "legacy, ancillary" Yahoo unit. View the full article Quote Link to comment Share on other sites More sharing options...
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