Yahoo plans ‘reverse spinoff,’ instead of Alibaba sale

December 9, 2015

, Yahoo says some systems breached, not by Shellshock/AFP

Yahoo said Thursday it would seek a “reverse spinoff” that would separate the Internet company’s core operations from its holdings in China’s online giant Alibaba.

The Internet pioneer said the move would create two separately publicly traded companies including one with the Yahoo core, which has been struggling.

Latest Articles

Live prices

Stock Market