Alibaba Spinoff Likely To Increase Scrutiny On Yahoo Ceo

SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer is losing a precious security blanket now that she is spinning off the Internet company's prized stake in China's Alibaba Group. The breakup announced Tuesday will transfer ownership of 384 million shares of Alibaba stock, currently worth $39 billion, into a new entity called SpinCo.Read more on NewsOK.com

 

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