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May 19, 2015 09:38 pm GMT
Shares of Yahoo, a company known for its venerable brand, former search market share, and current attempt to become a key mobile shop, fell sharply at the end of trading today. Off more than 7 percent in regular hours, Yahoo took a dive after reports surfaced that the IRS may change how it taxes spinoffs. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3uIPEVdARwY/
Yahoo Shares Fall Sharply On Report That It May Incur Higher-Than-Expected Tax Bill On Its Alibaba Stake
Shares of Yahoo, a company known for its venerable brand, former search market share, and current attempt to become a key mobile shop, fell sharply at the end of trading today. Off more than 7 percent in regular hours, Yahoo took a dive after reports surfaced that the IRS may change how it taxes spinoffs. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/3uIPEVdARwY/
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