Yahoo's board has formed an independent committee to 'explore strategic alternatives' (YHOO)
REUTERS/Robert Galbraith
Yahoo's board has formed an independent committee to do "explore strategic alternatives," according to a release from the company out Friday morning.
Now, in large part, this news formalizes what has already been known about the company.
In December, the company announced that it would not move forward with spinning-off its stake in Chinese e-commerce company Alibaba due to potential tax complications.
And so the view has been that Yahoo would instead spin out its "core" business... Читать дальше...