2015-12-09

Yahoo Will NOT Spinoff $BABA, $YHOO Core Business Spinoff Possible

Note: See new update Yahoo $YHOO Update: Reverse Spin Off Planned, Webcast Replay



Above: CNBC's David Faber reported Yahoo (NASDAQ:YHOO) won't spinoff its 384M-share (~15%) of Alibaba (NYSE:BABA) stake, and will now explore a spinoff of its core business. An announcement from Yahoo could come as soon as Wednesday. More here

$YHOO: 8Dec2015 7:41pm EST, after-hours: 35.80 UP 0.95 (2.73%)



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