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Yahoo To Engage Prospective Bidders For The Core Business While Pursuing Spin-Off

|Includes: Altaba, Inc. (AABA), BABA

From the Yahoo 4Q15A earnings press release:

Separating our Alibaba stake from our operating business continues to be a primary focus, and our most direct path to value maximization. In addition to continuing work on the reverse spin, which we've discussed previously, we will engage on qualified strategic proposals."

info.yahoo.com/press-center/article/yaho...

Disclosure: I am/we are long YHOO.

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