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Yahoo takes steps for possible saleYahoo, under pressure from impatient investors, took steps on Friday to handle the possible sale of parts of the struggling Internet company. Yahoo shares jumped after the company announced its board has formed a committee of inde More… |
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Yahoo shelves plan to spin off Alibaba stakeYahoo Inc shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday, under pressure from activist investors worried about billions of dollars in taxes, and said instead it is looking at creating a sep More… |
