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Yahoo suffers second blow in Alibaba spin-off plan

Yahoo suffers second blow in Alibaba spin-off plan

FromFT News in Focus


Yahoo suffers second blow in Alibaba spin-off plan

FromFT News in Focus

ratings:
Length:
4 minutes
Released:
Sep 15, 2015
Format:
Podcast episode

Description

The Silicon Valley company's plan to spin off its $24bn stake in Alibaba suffered a second major setback this week when the IRS, the US tax authority, said it had serious concerns about deals similar to the one proposed by Yahoo. Aimee Keane speaks with San Francisco correspondent Hannah Kuchler about the authority's statement and what effect it could have on the potential spin-off. For information regarding your data privacy, visit acast.com/privacy
Released:
Sep 15, 2015
Format:
Podcast episode

Titles in the series (100)

News features and analysis from Financial Times reporters around the world. FT News in Focus is produced by Fiona Symon.