- Aug 7, 2013
- Reaction score
The move is centered around Yahoo's stake in Alibaba, but also includes moving its small-business services division. Yahoo is frustrating, but its still good to follow moves like this.
Yahoo Files for Alibaba Spinoff, Though Tax Issues Linger
SAN FRANCISCO ? Yahoo filed formal documents late Friday to spin off its 15 percent stake in Alibaba, the Chinese e-commerce giant, in the fourth quarter of this year.