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Tag: yahoo
Yahoo reverses Alibaba spin-off plan
2015-12-09 13:49:22| BBC News | Business | UK Edition
Yahoo has abandoned a plan to spin off its stake in Chinese ecommerce giant Alibaba Group.
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Yahoo cans Alibaba spin-off on tax risk
2015-12-09 01:00:00| Total Telecom industry news
Internet company is working on reverse spin plan that will still see its core business separated from Alibaba.
Verizon sees possible bid for Yahoo assets
2015-12-09 00:26:50| Telecom - Topix.net
Verizon's top executive on Tuesday left open the possibility that the US telecom giant could make a bid for Yahoo if the Internet firm puts itself up for sale. Verizon chief executive Lowell McAdam said his firm, which recently acquired the faded online star AOL, sees some potential for some of Yahoo's assets.
Verizon interested in Yahoo web business
2015-12-08 08:43:00| Telecompaper Headlines
(Telecompaper) Verizon would explore a possible acquisition of Yahoo! if a deal made sense, Verizon CFO Fran Shammo said. Speaking at an investor conference in New York, reported by Bloomberg, Shammo said that while it still wasn't clear what Yahoo's board has planned for the company, Verizon would take a look if it were to be offered up for sale. Yahoo directors met last week to discuss the company's strategy and planned spin-off of its stake in Alibaba. According to some reports, it's also looking at selling its core web business. "If we see there is a strategic fit and it makes sense for our shareholders and we can return value, I mean we'll look at it, but at this point it's way too premature to talk about that one," Shammo said at the UBS Global Media and Communications Conference.
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Verizon Would Explore Yahoo Deal If It Made Sense, CFO Says
2015-12-07 20:06:28| Telecom - Topix.net
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