Tag : Yahoo Alibaba stake
title : Yahoo! to Spin off Alibaba Stake into Aabaco Holdings, But Only If Tax Deal Gets U.S. Approval
summary : Yahoo! Inc. has proposed to spin off its stake in Alibaba and rename it Aabaco Holdings. However, the Internet company hopes that regulators in the United States would approve a tax deal first before conducting this business operation.
date : Jul 20, 2015 05:02 PM EDT