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Why the Alibaba Spin-Off Is Under Attack from This Activist Investor
Activist hedge fund and key Yahoo! Inc. (Nasdaq: YHOO) shareholder Starboard Value LP has thrown a major snag in the company's Alibaba spin-off plans.
Starboard is pressuring Yahoo to halt the $20 billion Alibaba spin-off and instead sell its sputtering Internet business.
Activist hedge fund and key Yahoo! Inc. (Nasdaq: YHOO) shareholder Starboard Value LP has thrown a major snag in the company's Alibaba spin-off plans.
Starboard is pressuring Yahoo to halt the $20 billion Alibaba spin-off and instead sell its sputtering Internet business.