Tag Archives for " Yahoo Japan "

Yahoo drops its plan to spin-off its Alibaba stake – Oops!

After almost a year since announcing the planned spin-off of its remaining holding in Alibaba, Yahoo’s board of Directors “after careful review.. has unanimously decided to suspend work on the pending plan”. Tax reasons are cited for the volte-face, in that the IRS (as we reported only last week) were unimpressed by the whole scheme […]

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Beware fake arbitrages on Yahoo – Alibaba!

For an arbitrage opportunity to exist, asset classes need to be fungible (deliverable against each other), so anyone selling you a scheme to “arbitrage” an apparent pricing disparity between related, but non-fungible, assets maybe selling you a dud.   When I see investor research by banks, who should know better, promoting “the Yahoo arbitrage trade” […]

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