Wednesday, December 02, 2015

Yahoo board still talking Alibaba

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?



Full story here

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