1. Starboard Warns Yahoo Alibaba Spinoff May Not Be Tax-Free, Urges Rethink: Report

    Starboard Warns Yahoo Alibaba Spinoff May Not Be Tax-Free, Urges Rethink: Report

    Activist investor Starboard LP. urged Yahoo Inc. to call off the ongoing sale of its stake in Chinese ecommerce behemoth Alibaba Group Holdings Ltd. in a letter late Wednesday, as the deal could end up costing Yahoo billions in taxes, according to the Wall Street Journal...

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