Strike That, Reverse It- Yahoo Suspends Work On Alibaba Spinoff, Will Explore Reverse

After fighting to push forward with a spinoff of its Alibaba(BABA) stake as Aabaco Holdings since the IRS first indicated its opposition in May, Yahoo(YHOO) and its embattled CEO Marissa Mayer have finally thrown in the towel.  After days of intense speculation, the company announced this morning that the Board,  “after careful review and consideration of how to… Read More »