0
Broadband

Yahoo! to try new plan for separation of Alibaba stake

Wednesday 9 December 2015 | 14:50 CET | News
Yahoo! Ihas abandoned the plan to spin off its stake in Alibaba Group into a separate company. Instead it will look at a reverse of the plan, separating its other activities into a new company. The Alibaba spin-off, originally planned for January 2016, hit a stumbling block when US authorities said they could not say whether the transaction could take place completely tax-free for Yahoo shareholders. In the reverse spin-off, Yahoo's assets and liabilities other than the Alibaba stake would be transferred to a newly formed company, the stock of which would be distributed pro rata to Yahoo

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Internet
Companies: Alibaba / Yahoo
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Verizon confirm takeover of Yahoo web assets for USD 4.8 bln

Published 25 Jul 2016 13:22 CET | World
Verizon has confirmed a deal to acquire Yahoo!'s web activities for USD 4.83 billion in cash. The acquisition sees Verizon expand ...

Softbank to sell USD 7.9 bln in Alibaba shares

Published 01 Jun 2016 09:24 CET | China
Japan's SoftBank said it will be selling USD 7.9 billion worth of shares in Alibaba in order to up its own liquidity and pay back ...

Yahoo! forms committee to look at 'strategic alternatives'

Published 19 Feb 2016 15:59 CET | World
Yahoo! has given further details of the announcement at its 2015 financial results that it will consider "strategic alternatives" ...

Yahoo: takeover target for an international telco?

Published 08 Feb 2016 15:06 CET | World
Yahoo has announced plans for a major reorganisation. The company will refocus on four verticals (News, Sports, Finance, ...

Yahoo confirms restructuring plans after Q4 loss

Published 03 Feb 2016 08:35 CET | World
Yahoo! announced plans to narrow its focus and work to improve its revenues and profitability, after reporting a net loss for the ...

Yahoo to announce next strategic steps in February - report

Published 22 Jan 2016 12:54 CET | World
Yahoo will not decide on its next strategic steps until after it announces its fourth quarter 2015 results on 2 February, people ...

Investeerder eist wisseling van de wacht bij Yahoo

Published 07 Jan 2016 10:12 CET | World
De Yahoo-aandeelhouder en activistische belegger Starboard Value dringt aan op grote veranderingen bij het internetconcern, meldt ...

Investor calls on Yahoo to oust CEO, board

Published 07 Jan 2016 09:57 CET | World
Yahoo shareholder and activist investor Starboard Value has sent the company a letter, saying it wants major changes at the ...

Yahoo investors mount pressure for turnaround

Published 14 Dec 2015 09:47 CET | World
Yahoo is facing pressure from investor groups against giving CEO Marissa Mayer more time to show progress on the company's ...

Aandeelhouders dringen aan op vertrek Mayer - WSJ

Published 14 Dec 2015 07:35 CET | World
Aandeelhouders van Yahoo hebben in een schrijven aangedrongen op het vertrek van CEO Marissa Mayer, schrijft de Wall Street ...

Yahoo loses senior VP Fularia

Published 11 Dec 2015 09:22 CET | World
Yahoo! has announced the resignation of senior VP Prashant Fuloria, whose duties included product and engineering for advertising ...

Levchin resigns from Yahoo! board

Published 10 Dec 2015 09:35 CET | World
Max Levchin is stepping down from Yahoo!'s board, the company announced in a SEC filing. He said he was resigning effective ...

Yahoo hakt knoop door over Alibaba

Published 09 Dec 2015 13:31 CET | World
Yahoo zet zijn plannen om zijn aandeel in Alibaba ter waarde van 32 miljard dollar te verkopen voorlopig in de ijskast. In plaats ...

Yahoo to drop Alibaba stake spinoff due to tax risk - report

Published 09 Dec 2015 09:18 CET | World
Yahoo will drop its plan to spin off its 15 percent stake in Alibaba, worth over USD 30 billion, under pressure from investors ...

Yahoo to consider sale of core internet business - report

Published 02 Dec 2015 08:20 CET | World
Yahoo's board is planning a series of meetings this week to consider selling off the company's internet businesses and how to ...

Starboard now wants Yahoo to keep Alibaba stake

Published 19 Nov 2015 10:49 CET | World
Starboard Value, a shareholder at Yahoo, wants the company to halt the spinoff of its stake in Alibaba and instead sell its ...

Yahoo to narrow focus, partner Google as profits fall

Published 21 Oct 2015 08:30 CET | World
Yahoo! reported revenues for the third quarter up 7 percent year-on-year to USD 1.226 billion. Search revenue increased 13 ...

Yahoo will sell Alibaba stake despite IRS tax stance

Published 29 Sep 2015 08:50 CET | World
Yahoo said it plans to move forward with the sale of its stake in Alibaba Group even though the IRS has declined to rule on ...

Yahoo faces setback on tax conditions for Alibaba spin-off

Published 09 Sep 2015 09:29 CET | United States
The US tax service has rejected a request from Yahoo! for a special ruling on its proposed spin-off of its Alibaba shares into a ...

Yahoo's Alibaba stake will become Aabaco Holdings

Published 20 Jul 2015 09:19 CET | World
Yahoo! is moving forward with plans to spin off its stake in Alibaba and create a separately listed public company. Yahoo has ...

Yahoo to spin off Alibaba stake in separate company

Published 28 Jan 2015 08:40 CET | World
Yahoo announced plans to spin off its stake in Alibaba to shareholders. It will create a separately listed public company for its ...