Tag Archives: Alibaba Spinoff

Alibaba’s Planned Cloud Spinoff Disappears In A Cloud Of Smoke

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Not for the first time, Alibaba(BABA) graces our pages with news of a cancelled spinoff. Back in 2015, it was Yahoo’s planned spinoff of Aabaco Holdings that was cancelled, due, in large part, to IRS opposition to the transaction being tax free. Aabaco would have been a vehicle to take Yahoo’s valuable Alibaba stake and move it into… Read More »

Yahoo Takes On The Tax Man – Will Move Forward With Aabaco Spin Without Private Letter Ruling

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Yahoo’s (YHOO) planned Alibaba (BABA) stake spinoff was in serious limbo following notification from the IRS that it was declining to issue a private letter ruling blessing the planned transaction. The tricky part was that the government agency also didn’t say that it was objecting to the plan. Here is a good, easy to understand guide to the situation.… Read More »