Yahoo! (YHOO) Turnaround Plan: Eric Jackson

December 14, 2015 3:45 AM

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Yahoo – Starboard’s “Sell At the Lows” Plan Isn’t Attractive

§ Yahoo’s board announced on December 9th, 2015 that it won’t continue with the planned spinoff of its Alibaba stake, as the potential tax bill for proceeding was too great a risk for the directors to assume that responsibility. § Instead, YHOO’s board said it would being working on a plan to spin o...

Also read: Tencent, Alibaba in Group Buying $11.7 Billion Stake in State-Owned Telecom

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