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Yahoo's new plan: Spin off itself, not its Alibaba stake

2015-12-11 18:07:14| Apparel - Topix.net

Internet pioneer Yahoo, under pressure from unhappy shareholders and desperate to avoid a huge investment-related tax bill, will break itself apart - just not in the way it had previously planned. The company will now aim to spin off its struggling Internet business - essentially, everything associated with the Yahoo brand name - into a new company.

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