www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Yahoo confirms Alibaba stake spinoff

(Agencies) Updated: 2015-09-30 09:44

Yahoo Inc said it is on track to spin off its nearly 15 percent stake worth about $22 billion in China-based Alibaba Group Holding Ltd this year into a separate corporate entity called Aabaco Holdings Inc.

The move is aimed at assuaging investor concern about a multi-billion-dollar tax hit from the transaction. Yahoo's board authorized the spinoff, even though the United States Internal Revenue Service declined to grant the company an advance ruling blessing the deal, it said in a filing on Monday.

While the agency is stepping up scrutiny of such transactions, Yahoo is going forward with the plan, which was announced in January, after the IRS indicated a decision is not likely to be retroactive.

Marissa Mayer, Yahoo's chief executive officer, is seeking to address doubts on Wall Street about how she is managing the company's assets. She is aiming to spin off the Alibaba stake and potentially save about $9 billion in taxes.

Analysts have questioned for months whether the tax issue would stop Mayer from completing the proposal.

"Neither this ongoing guidance project nor the IRS's decision not to rule with respect to the Aabaco spinoff transaction changes the current law applicable to the proposed spinoff," Yahoo said in a filing.

Yahoo also noted that an IRS official indicated this month "that any future guidance issued as part of the project would not apply retroactively to transactions completed prior to the issuance of such guidance."

Yahoo's shares rose as much as 4.3 percent in extended trading on Monday, but declined 5.3 percent to $27.60 at the close in New York. Alibaba's shares fell 3.1 percent to a record low at $57.39.

Yahoo also said the spinoff will be listed on Nasdaq under the ticker symbol AABA. The company will include the small business unit of Yahoo as part of the transaction.

Sarah Meron, a spokeswoman for Sunnyvale, California-based Yahoo, did not immediately return a voice mail seeking comment.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧日韩视频777888 | 日本免费一区视频 | 欧美高清视频在线观看 | 国产视频自拍一区 | 国产高清片 | 久久久久久福利 | 久草视频免费在线看 | 亚洲男女网站 | 性配久久久 | 国产成人精品日本亚洲网站 | 黄免费看 | 一级毛片看一个 | 免费久久久久 | 91精品视频播放 | 欧美顶级毛片在线播放小说 | 亚洲高清综合 | 国产亚洲精品美女一区二区 | 日韩免费一级a毛片在线播放一级 | 欧美性色黄大片在线观看 | 亚洲欧美精品一区天堂久久 | 自拍视频网| 色网站在线观看 | 足恋玩丝袜脚视频免费网站 | 亚洲精品久久99久久一区 | 91探花福利精品国产自产在线 | 久久精品视频大全 | 97视频免费上传播放 | 国产99网站 | 国产波多野结衣中文在线播放 | 国产精品久久久久无码av | 美女操穴视频 | 国产亚洲精品片a77777 | 国产成人黄网址在线视频 | 中国美女牲交一级毛片 | 在线观看毛片网站 | 亚洲一区二区在线成人 | 色综合美国色农夫网 | 国产一区二区fc2ppv在线播放 | 亚洲美女一级片 | 亚洲视频日韩视频 | 黄色上床网站 |