Yahoo Japan (YAHOF.PK) says it's in talks with Yahoo (YHOO) on how the latter can sell its 35%...

|About: Yahoo Japan Corp. (YAHOF)|By:, SA News Editor

Yahoo Japan (YAHOF.PK) says it's in talks with Yahoo (YHOO) on how the latter can sell its 35% stake in the Japanese firm without paying lots of tax. Yahoo has been looking to sell the stake for about a year due to pressure from regulators. Yahoo Japan's FQ3 profit was +2.7% to ¥25.3B ($325.7M) and revenue +2% to ¥76.5B.