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October 20, 2015 10:21 pm GMT
Following its earnings release, Yahoo commented today on the forthcoming spinout of its Alibaba equity stake as a new firm, Abaco Holdings. The parent firm stated that it’s making “good progress” on the deal, and that it will “strive to complete” the transaction in the fourth quarter of this year. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yFw6afeqBFE/
Yahoo: Spinout Of Alibaba Shares May Not Close Until January
Following its earnings release, Yahoo commented today on the forthcoming spinout of its Alibaba equity stake as a new firm, Abaco Holdings. The parent firm stated that it’s making “good progress” on the deal, and that it will “strive to complete” the transaction in the fourth quarter of this year. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/yFw6afeqBFE/
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