What the Alibaba Spin-Off Means for Investors Today (BABA, YHOO)

Yahoo Inc. (Nasdaq: YHOO) officials announced an Alibaba spin-off this week, which the company expects to complete in Q4.

The new company will be called Aabaco Holdings and will be made up of $32 billion in Alibaba Group Holding Ltd. (NYSE: BABA) shares and a division named Yahoo Small Business.

Here's the reason why Yahoo is holding an Alibaba spin-off, and what it means for investors...

Tags: (Nasdaq: YHOO), Alibaba spinoff, Alibaba Stock, Alibaba stock price, BABA stock, Baba stock...

What feeling does this article give you?

#hashtags to follow:

Yahoo Inc [+]    Nasdaq [+]    YHOO [+]    Alibaba [+]    Aabaco Holdings [+]    NYSE [+]    BABA [+]    Yahoo Small Business [+]    Yahoo [+]    Tags [+]    Alibaba Stock [+]    Baba [+]   

More #news: