Yahoo's board is still debating the Alibaba spinoff
Yahoo's board of directors finished its first of three days of meetings on Wednesday without reaching a decision on whether to press ahead with the planned spinoff of its stake in Chinese ecommerce company Alibaba, according to CNBC's David Faber.The board meetings come amid media reports that Yahoo is considering selling its core internet business, either in addition to or instead of the Alibaba spinoff.
Interesting days for yahoo and the next couple of days could be key in the future of the company. If Yahoo decides to spin off its core internet business, where will the company be headed to?
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