Much ink was spilled, on these pages and countless others, discussing Yahoo’s plan to spinoff its stakes in Alibaba(BABA) and Yahoo! Japan as an independent company. For much of 2015, the company planned to spin off this stake, together with a Yahoo’s small business unit as Aabaco Holdings. The small business unit was included to maintain the tax… Read More »
Lets close the week with some Odds & Ends. In this week’s edition, we provide some updates on recent and upcoming spinoffs. We also give thanks to a reader for pointing out something we missed – keep it up! Thanks to reader AH for pointing out that we missed Naspers (NPSNY) spinoff of its Pay-TV business, MultiChoice Group… Read More »
Hedge fund TCI is going ‘active’ at Altaba (AABA), urging the company to liquidate if it can’t do a better job narrowing the fund’s discount to NAV. For those that don’t remember, Altaba is just a collection of assets left over from Verizon’s (VZ) 2017 purchase of Yahoo. The real value rests mainly in two pieces: a large… Read More »