1. Yahoo Will Not Spin Off Alibaba Stake, Weighs Core Business Sale: CNBC

    Yahoo Will Not Spin Off Alibaba Stake, Weighs Core Business Sale: CNBC

    The latest news came after a three-day meeting of its board of directors last week. Yahoo faced pressure from activist investor Starboard Value LP to sell the core business rather than proceed with the planned spin-off of its $30 billion stake in Alibaba ...

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    1. This is absolutely a step in the right direction.
    2. This was really a really good PR move by Starboard as the spinoff was highly unlikely anyway given the tax implications and they knew they could claim victory once Yahoo made the official announcement.
    3. This is a potential win-win for Marissa.
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