Friday March 29, 2024 | Last Update: March 29, 2024 EDT
Yahoo!, Inc. will not be pushing through with its spinoff of its stake in Alibaba Group Holding Ltd., sources have told CNBC. The company would instead examine a deal that would involve its core business and its stake in Yahoo Japan.
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Yahoo, Inc.’s board of directors is planning a series of meetings this week to discuss its options regarding the future of the company, people familiar with the plans told the Wall Street Journal.
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