Yahoo has officially filed with the SEC to spin-off its remaining shares of Alibaba Group into a publicly traded company called Aabaco Holdings. Yahoo says Aabaco Holdings will make its debut in the fourth quarter of 2015. The new holdings group will house 384 million shares of Alibaba Group stock or 15 percent of company. Abaco Holdings also […]
Yahoo finally announces plan to spin off its remaining stake in Alibaba
Venture Beat - 17 Jul 2015 23:12
Yahoo has officially filed with the SEC to spin-off its remaining shares of Alibaba Group into a publicly traded company called Aabaco Holdings. Yahoo says Aabaco Holdings will make its debut in the fourth quarter of 2015. The new holdings group will house 384 million shares of Alibaba Group stock or 15 percent of company. Abaco Holdings also […]
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